Houston Community College Chancellor Mary Spangler held her annual State of the College address last week, and in it she highlighted a new EMSI impact study of the HCC system.
Mary Spangler, who has led the district since 2007, said 85 percent of HCC graduates stay in the Houston area, and another 10 percent remain in Texas, translating to $1.7 billion a year in higher earnings and increased business productivity.
“Your investment in their education pays ongoing dividends,” she said. “It’s like a slot machine.”
Spangler focused on HCC’s expansion and its economic impact to its service area, which includes Houston and some of its suburbs, based on a 2010 study by Idaho-based Economic Modeling Specialists, Inc.
She also noted that HCC students received $119 million in financial aid this year, up from $50 million in 2008. That’s partially a reflection of increased enrollment, as 72,000 students now take academic, job training or continuing education classes there.
Learn more about EMSI’s EIS here.