Literaturnachweis - Detailanzeige
Autor/inn/en | Christophersen, Kjell A.; Robison, M. Henry |
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Institution | Pima Community Coll., Tucson, AZ. Office of Institutional Research. |
Titel | The Socioeconomic Benefits Generated by Pima Community College. Executive Summary [and] Volume 1: Main Report. |
Quelle | (2002), (75 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Monographie |
Schlagwörter | Quantitative Daten; Community Colleges; Cost Effectiveness; Economic Factors; Economic Impact; Economics; Educational Finance; Expenditures; Investment; School Community Relationship; School Effectiveness; Two Year Colleges |
Abstract | This paper examines the ways in which the State of Arizona and the local economy benefit from the presence of the Pima Community College (PCC) District. After the Executive Summary, Volume 1, the Main Report, discusses findings from the study. The Pima Community College District paid $68.2 million in direct faculty and staff wages and salaries in fiscal year 2001, and accounts for an additional $404 million in wages and salaries off campus. The colleges serve an unduplicated headcount of 94,334 credit and non-credit students. The existence of PCC in Arizona explains $472.6 million of all annual earnings in the PCC District economy, equal to that of 15,387 jobs. The PCC 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. The document argues that every dollar of state or local tax money invested in PCC today will see a return of $24 over the next 30 years. Students benefit from an annual return of 26%; for every dollar they invest in PCC education, they will receive an additional $4.59 in higher earnings over the next 30 years. The study also quantifies the effects of PCC on reduction of crime, welfare, and unemployment. Appended are: (1) Explaining the Results--A Primer: The Net Present Value; The Internal Rate of Return; The Benefit/Cost Ratio; and The Payback Period; and (2) Methodology for Creating Income Gains by Levels of Education. (Contains 14 figures, 25 tables, 23 notes, and 34 references.) (NB) |
Anmerkungen | For full text of Executive Summary: http://dco-proxima.dco.pima.edu/research/rpwebpage2002/PR/Impact%20Study%2002/Pima_ES_%20Final.pdf. For full text of Main Report: http://dco-proxima.dco.pima.edu/research/rpwebpage2002/PR/Impact%20Study%2002/PimaFinalLR.PDF. |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |