See how Allegany College of Maryland uses internal and third-party data to prove its economic impact for donors, government officials, and the community. The college also uses this data to show interested parties what return on investment they can expect.
The Texas state legislature recently agreed to provide $3.1 billion worth of tuition revenue bonds (TRBs, or capital construction bonds) to the state’s colleges and universities–funds that were desperately needed to build and renovate facilities. To assist in the legislature’s decision-making, the Texas Council of Public University Presidents and Chancellors (CPUPC) enlisted EMSI’s custom analysis.
EMSI conducted an aggregate Economic Impact Study for the Kansas Independent College Association (KICA) earlier this year. KICA took the results and created a compelling infographic to show the breakdown of its 18 member colleges’ impact on the Kansas economy.
EMSI recently completed a large-scale Economic Impact Study on behalf of the 11 schools in the BC College system. We found that the BC Colleges’ 60 campuses have a significant impact on the British Columbian economy.
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.