ERIC Number: ED238502
Record Type: RIE
Publication Date: 1982-Jun
Reference Count: 0
The Economic Impact of Madison Area Technical College-Area Vocational Technical and Adult Education District No. 4 Programs on the Local Economy.
Strang, William A.; And Others
Results of a study of the economic impact of Madison Area Technical College and the District 4 Area Vocational, Technical, and Adult Education (VTAE) programs on the local economy are presented in this report. Chapter 1 outlines the purpose, scope, and methodology of the study, and assesses the productivity/income, financial, and economic development effects of VTAE District 4. Chapters 2 through 5 detail the economic impact of the expenditures of the District 4 campuses (via wages and salaries, payroll taxes, purchases of supplies and equipment, student loans, and scholarships); of faculty and other employees; and of the over 50,000 full-time and 37,700 part-time students attending District 4 campuses in fiscal year 1980-81. Finally, the report provides a summary of total dollar flow to the District 4 economy, indicating: (1) a total $71.3 million went to local businesses directly because of the VTAE program; (2) finance, insurance, and real estate were the greatest beneficiaries of the presence of the District's VTAE program; (3) $2.6 million in local government revenues came from the colleges' students and staff; (4) an estimated $2.4 million went to services provided by local households and to local charitable and not-for-profit institutions; (5) using conservative income multipliers, it was estimated that the District 4 economy derived $169 million of sales as a result of the District 4 VTAE program. Student and employee survey forms are appended. (HB)
Publication Type: Reports - Evaluative; Tests/Questionnaires; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Madison Area Technical Coll., WI.; Wisconsin Univ., Madison. Graduate School of Business.
Identifiers: Economic Impact; Economic Impact Studies