ERIC Number: ED482182
Record Type: Non-Journal
Publication Date: 2003-Feb-28
Reference Count: N/A
The Socioeconomic Benefits Generated by Hillsborough Community College. Executive Summary.
Robison, M. Henry; Christophersen, Kjell A.
This document addresses the benefits that area created by the Hillsborough Community College for the Tampa Bay economy and the State of Florida. The study addresses four types of benefits: (1) contributions to job and income formation; (2) higher earnings captured by existing students; (3) a broad collection of social benefits (improved health, reduced crime, lower welfare, and unemployment); and (4) the return to the taxpayers for their community college support. The results of the study on these benefits areas are as follows: (1) by educating students and adding them to the local workforce, the HCC instruction adds $683.7 million in annual earnings to the Tampa Bay economy; (2) for every credit completed, the average student will earn $143 more per year; and (3) the money spent by the state government on education is beneficial to the taxpayers since people with higher education are less likely to abuse substances, use welfare or unemployment benefits, and commit crimes. The document gives much more evidence regarding the benefits of the HCC and concludes that the HCC is a great investment from a variety of perspectives. The college expands the minds of students, reduces demands for social services, and contributes to state and local economies. (MZ)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Hillsborough Community Coll., Tampa, FL.