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Autor/inn/enChristophersen, Kjell A.; Robison, M. Henry
TitelThe Socioeconomic Benefits Generated by 16 Community Colleges and Technical Institutes in Alberta. Executive Summary [and] Volume 1: Main Report.
Quelle(2003), (88 Seiten)
PDF als Volltext kostenfreie Datei Verfügbarkeit 
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; Canada
AbstractThis document contains an executive summary and main report that examine the ways in which the Alberta, Canada, economy benefits from the presence of the 16 community and technical colleges in the province. The colleges served an unduplicated headcount of 241,992 students in fiscal year 2001. The Alberta community colleges employed 8,374 full-time and 7,892 part-time faculty and staff in fiscal year 2001, amounting to a total annual payroll of some $503.7 million. 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 $673.7 million annually in the Province of Alberta economy (equal to that of 21,669 jobs). The spending by the 16 institutions explained $673.70 million, or 1.4%, of all province-wide earnings in 2001. The study indicates that every tax dollar invested in the institutions today will return a cumulative $9 over the next thirty years. Students benefit from an annual return of 14% on their investment of time and money. The study also quantifies the effects of CCs on reduction of crime, welfare, and unemployment. Appended in the main report is: Explaining the Results--A Primer. (Contains 47 references.) (NB)
Erfasst vonERIC (Education Resources Information Center), Washington, DC
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