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Autor/inn/enChristophersen, Kjell A.; Robison, M. Henry
InstitutionMississippi State Board for Community and Junior Colleges, Jackson.
TitelThe Socioeconomic Benefits Generated by 15 Community College Districts in Mississippi. Volume 1: Main Report [and] Volume 2: Detailed Results [and] Executive Summary.
Quelle(2002), (100 Seiten)
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Spracheenglisch
Dokumenttypgedruckt; online; Monographie
SchlagwörterQuantitative Daten; Community Colleges; Cost Effectiveness; Economic Factors; Economic Impact; Economics; Educational Finance; Expenditures; Investment; School Community Relationship; School Effectiveness; Two Year Colleges; Mississippi
AbstractThis document contains an executive summary, main report, and detailed results by entry level of education, gender and ethnicity. The ways in which the State of Mississippi economy benefits from the presence of the 15 community college districts in the state are examined. The Mississippi community colleges employed 4,940 full- and part-time faculty and staff in fiscal year 2001, amounting to a total annual payroll of some $257.5 million. The colleges serve an unduplicated headcount of 77,118 credit students, and a total unduplicated enrollment of 189,153. The existence of the community college districts in Mississippi explains $2,120.5 million of all annual earnings in the state economy. The CC districts pay wages and salaries, which generate additional incomes as they are spent. Likewise, the aggregate college operating and capital expenditures generate still further earnings. Altogether, these earnings account for $376.1 million annually in the State of Mississippi economy (equal to that of 10,728 jobs). Taxpayers see a real money "book" return of 17.6% of their annual investments in the community colleges, and recover all investments in 7.4 years. Students benefit from an annual return of 30% on their investment of time and money. The study also quantifies the effects of CCs on reduction of crime and welfare and unemployment. Appended in the main report are: Explaining the Results--A Primer; and Methodology for Creating Income Gains by Levels of Education. (Contains 38 references and numerous tables and figures.) (NB)
Erfasst vonERIC (Education Resources Information Center), Washington, DC
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