Study shows economic impact of community colleges – Center Square

There are 48 community colleges in Illinois, making it the third-largest community college system in the country. In fiscal 2020, the total economic output of Illinois community colleges on the statewide economy is estimated at $3.5 billion and 43,316 jobs.
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nixit
4 years ago

Is this another study, similar to the one about pensions, where one side argues the economic impact of something without measuring opportunity cost? If the total economic output of community colleges is $3.5B at a cost of $1.3B, isn’t the question if that $1.3B could have generated a better return if spent elsewhere? I’m not saying community colleges aren’t a good investment, just how they measure that investment. The report showed in fiscal 2020, the total economic output of Illinois community colleges on the statewide economy is estimated at $3.5 billion and 43,316 jobs. During that time, the schools directly… Read more »

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