The study described in this report employed the Caffrey and Isaacs model to assess the economic impact of the Long Beach Community College District on the local community. Following a summary of research findings, the report reviews the Caffrey and Isaacs model and two additional economic impact studies. Next, the report considers the relationship…

Colleges and their surrounding communities have a supplier/consumer relationship--in exchange for the use of tax-exempt land and tax-supported services, the college acts as a cultural and educational center that provides the community with social and economic benefits. However, in times of a declining economy, this symbiotic relationship is not…