The focus of this article is to highlight what constitutes a true impact study and what does not. Nobody wants to allocate millions of dollars to a project and then find out after the fact that the report they used to justify the investment was deeply flawed.
In a time of unprecedented scrutiny on the value of higher education, the American Institute for Research (AIR) and Nexus Research and Policy Center released a study estimating the student and taxpayer return on investment (ROI) of an associate’s degree for 579 institutions.
EMSI recently conducted an economic impact study of Florida’s 28 state and community colleges, proving the value of the Florida College System to the state.
The skills gap and public scrutiny on the true effectiveness of the workforce investment system are two major hurdles confronting WIBs in 2013. In both cases, we would suggest that the right data is the best ally.
The latest university to contract with EMSI on a comprehensive economic impact study is North Dakota State, a land grant research university based in Fargo that released the results of its study to the media last week.
The total annual impact of the University of Wisconsin-Stout is $293.7 million. Check out the video that tells the story.
EMSI recently conducted an Economic Impact Study (EIS) for North Idaho College. The result? NIC now knows just how valuable it is to the region.
A recent impact study found that the Colorado Community College System contributes $3.01 billion to the state each year.
Washburn contributes nearly $480 million in annual added income to northeast Kansas. But that’s not all. Students see a 15.9% average rate of return on their investment in WU and an increase of $5.60 in discounted lifetime income for every dollar invested in the school.
On June 9 at 2 p.m. EST (11 a.m. PST), EMSI will host a webinar to discuss our Economic Impact Study and how universities can take advantage of this resources to better market their institutions to parents, students, and states in a time of budget cuts.