Economic impact studies are of substantial value to administrators and faculty at community colleges because they provide tangible and reliable information on the measurable economic returns to be expected from the dollars invested in community colleges, and, therefore, can assist an institution to improve its position with its funding sources. An…

The study described in this report examined the direct economic impact of Brookdale Community College (BCC) on Monmouth County and the economic impact of the state community college system on New Jersey. Chapter 1 reviews the background and significance of economic impact studies; discusses the issue from general, New Jersey, and BCC perspectives;…

A comparison of the short-term economic costs of Mohawk Valley Community College (MVCC) to Oneida County (New York) with the short-term economic benefits to Oneida County for the 1977-78 MVCC fiscal year revealed that MVCC had an annual operating budget of approximately ten million dollars. Of this, 13.41% or $1,330,738 was contributed by the…

The short-term impacts of public community colleges upon the business and government sectors of Maryland's economy were measured through a series of linear cash-flow formulas. In 1976-77, total direct and indirect expenditures attributable to the 17 colleges in areas of salaries, purchase of materials, and capital building improvements were almost…

Designed as a tool for colleges and the State Board for Community Colleges in Maryland to update economic impact data on a regular basis, this manual describes sources of impact information, and how the information can be used in economic equations. Part I of the manual describes how values for short-term economic impacts of community college…

The short-range economic impact of Mercer County Community College (MCCC) upon the local community was investigated in terms of business volume, property tax revenues, and jobs for the fiscal year ending June 30, 1978. MCCC generated $6,456,979 in local business volume; approximately two-thirds of these local purchases were directly attributable…