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…

Using the research model developed by Caffrey and Isaacs for the American Council on Education, a study was conducted of the economic impact of New Jersey's community colleges to assist the sector in making an economic case for increased revenues. The formula used to determine the colleges' impact on the state involved totalling the in-county…

A study was conducted to assess the additional monies in circulation within Douglas County due to the existence of Umpqua Community College (UCC). Direct and indirect economic impact was calculated for the 1980-81 fiscal year based on UCC records and staff and student surveys conducted during February 1982. Study findings included the following:…

This handbook provides information and guidelines to assist college administrators and researchers in calculating the economic impact of their community college on its locality. First, background is presented on an economic impact project conducted in New Jersey to help support the case for increased state and county funding to community colleges.…

The purpose of this report was to inform the community of the effect of Chemeketa Community College on the local economy. Considered in this analysis of the college's economic relationship to its district were employee salaries, local capital and service expenditures of the college, and local expenditures by staff and students for housing rental…

A study was conducted to estimate the economic impact of the State University of New York's (SUNY's) community colleges on their individual service areas, and, as a system, on the state as a whole. The methodological model used in the study examined three major expenditure components to estimate direct economic impact: college budgetary…

Using a model developed by the Illinois Community College Board (ICCB), William Rainey Harper College (WRHC) conducted a study to determine the economic impact of the school on its community by its presence, the business it transacts, the employees it hires, and the students it attracts to the campus. Data, gathered from a variety of college and…

In 1987, a study was conducted to estimate the economic impact of the State University of New York's (SUNY's) community colleges on their individual service areas, and, as a system, on the state as a whole. In light of changing economic conditions and fiscal trends, the study was replicated in 1991. The methodological model used in both studies…

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…

The impact of Malaspina College, British Columbia, on the local economy was investigated to update a 1977 study. The variables used to assess the college's impact were: (1) income injected into the local economy as a result of expenditures of the colleges, its employees, and its students; (2) college-related revenues received by local governments,…

A study was conducted to investigate the economic effects of external funds flowing into Dade County because of the existence of Miami-Dade Community College (MDCC). After establishing that most of MDCC's funding comes from external sources and that 85% of its 8,000 employees reside in Dade County, the study sought answers to questions pertaining…

This report on the economic impact of Schenectady County Community College (SCCC) uses a modification of the Caffrey and Isaacs model to assess SCCC-related local business volume, SCCC costs and benefits to the Schenectady County government, and the likely impact on the county if SCCC did not exist. Part I provides background to the study,…

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 effects of Bucks County Community College (BCCC) on the local economy during fiscal year (FY) 1979 were investigated in terms of the monies spent in operating BCCC through purchases of goods and services, salaries to college employees, student financial aid expenditures, veterans' benefits, and property taxes paid by college employees, as well…