Published February 13, 2017 10:18 am
Iowa Department of Education
News Release
Feb. 10, 2017
Contact: Staci Hupp
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Impact contributed $5.4 billion in income, equivalent to creating 107,170 new jobs
DES MOINES – Iowa’s community colleges provide a solid return on investment for both students and the state, according to a statewide analysis of the colleges’ economic impact. The newly released study, Analysis of the Economic Impact and Return on Investment of Education, found that Iowa’s community colleges collectively contributed $5.4 billion into the state’s economy and supported 107,170 jobs - roughly 6 percent of all jobs in Iowa - during fiscal year 2014-15.
The independent study, conducted by Economic Modeling Specialists International (EMSI), utilized academic and financial reports from the community colleges, as well as earnings and employment outcomes data from the Iowa Department of Education and Iowa Workforce Development.
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