Results of an EMSI socioeconomic impact study show Pennsylvania Highlands Community College is a major economic driver in its region, contributing $49.7 million in FY2008-09 in added income and helping associate degree-earning students make $414,000 more over their working lifetime than someone with a high school diploma.
PHCC’s impacts were highlighted in a recent article in The Tribune-Democrat newspaper.
Penn Highlands President Walter Asonevich said the results, based on 2008-2009 numbers, show that the college plays a significant role in the local economy by the people it employs and is a good investment for students on multiple levels.
“We are enriching the lives of students and they are earning increased incomes,” Asonevich said. “Eighty percent of graduates stay here and are active in the local work force and are generating revenue back into the community.”
Results show that the annual income of Penn Highlands’ students increases by $142 per year for each credit completed.
See more on EMSI’s higher-ed impact reports here.