Caldwell Community College and Technical Institute Spending Patterns and the Caldwell County Economy [microform] : An Economic Impact Study / Claudia Kincaid and Candace Tippett
- Bib ID:
- 5450046
- Format:
- Book and Microform
- Author:
- Kincaid, Claudia
- Online Version:
- https://eric.ed.gov/?id=ED253282
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- Description:
-
- [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1984
- 58 p.
- Summary:
-
An economic impact study was conducted to determine the short- and long-term impact of Caldwell Community College and Technical Institute (CCC&TI) on the local economy. Using the Salley model, direct economic impact was determined based on the collection of institutional enrollment, payroll, and purchasing data; surveys and estimations of faculty/staff and student spending; calculation of the local multiplier peculiar to Caldwell County; calculation of employee equivalent of student spending; and determination of CCC&TI's total impact on community income. In addition, available data were analyzed to assess CCC&TI's indirect impact on areas such as unemployment, wages, and reduced industry training costs. Study findings indicated that: (1) full-time students spent an average of $5,665 locally, while faculty and staff spent an average of $13,628; (2) direct spending of faculty/staff and students totaled $6,354,272; (3) the total impact of CCC&TI was calculated at $9,658,494; (4) the local multiplier was found to be 1.52, indicating that for each dollar spent, an additional $0.52 of income was generated; (5) 86% of the full-time students and 72% of the part-time students said they would be enrolled elsewhere if the college were not located in Caldwell County; and (6) the college spent $30,531 in state aid to train workers for new or expanding industries. Survey forms and financial data are appended. (LAL)
- Notes:
-
- Sponsoring Agency: Department of Education, Washington, DC.
- Educational level discussed: Two Year Colleges.
- May also be available online. Address as at 14/8/18: https://eric.ed.gov/
- Reproduction:
- Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive.
- Subject:
- Other authors/contributors:
- Available From:
- ERIC
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1984
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