Glen Oaks Community College in Centreville, Mich., contributed $86.7 million in added income to the south central Michigan economy in FY 2009, according to new EMSI impact study. GOCC released details of the study, which highlighted the higher earnings for students and increased output of businesses as a result of the college.
Glen Oaks students enjoy an average annual income increase of $130 for every credit completed. During their working career, the average Glen Oaks student realizes an income increase of $3.30 for every $1 invested in tuition, fees, books, and wages given up to attend. Students enjoy an attractive 15% rate of return on their Glen Oaks educational investment, recovering all costs within nine years.
See more on EMSI’s impact studies here.