Document Number: 11122Where Value Meets Values: The Economic Impact of Community Colleges Executive Summary - In 2012, the net total impact of community colleges on the U.S. economy was $809 billion in added income, equal to 5.4 percent of GDP. Over time, the U.S. economy will see greater economic benefits, including $285.7 billion dollars in increased tax revenue as students earn higher wages and $19.2 billion in taxpayer savings as students require fewer safety net services, experience better health, and lower rates of crime. For every one dollar a student spends on his or her community college education, he or she sees an return on investment of $3.80. (American Association of Community Colleges, February 2014)...
Related IssuesEconomic/Workforce Development