Colorado Community College System Colleges Release Impact Study Showing $5.8B Contribution
Colorado Community College System (CCCS) colleges recently released their economic impact study by Emsi, which shows that the 13 colleges “create a significant positive impact on the business community and generate a return on investment to their major stakeholder groups—students, taxpayers, and society.”
Together, colleges and students add $5.8 billion per year to the Colorado economy. For each $1 spent, students receive $4.30 back in lifetime earnings, taxpayers receive $5.70 back in taxes and public sector savings, and society as a whole receives $11.30 back in added state revenue and social savings.
Read the economic impact study here. Watch the two-minute video below to see how CCCS college are helping their students find success—and through them, the entire state of Colorado.
For more information about Emsi’s data and analytics for higher ed, see here. Contact Rob Sentz at [email protected] with questions. Follow us @desktopecon.
The post Colorado Community College System Colleges Release Impact Study Showing $5.8B Contribution appeared first on Emsi.
Source: http://www.economicmodeling.com/2017/10/25/colorado-community-college-system-colleges-release-impact-study-showing-5-8b-contribution/
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