Tài liệu MISSISSIPPI GULF COAST COMMUNITY COLLEGE 2011 ECONOMIC IMPACT REPORT doc

For 100 years, mississippi Gulf coast community college has had a rich history of providing educational, financial and economic benefits to the communities served in the college district

M I S S I S S I P P I G U L F C O A S T C O M M U N I T Y C O L L E G E

2011 ECONOMIC

IMPACT REPORT

• The average annual earnings of an MGCCC associate degree graduate after five

years of employment is $34,000

• In 2011, the college set an institutional and state record of 2,114 graduates.

• The college is the single-largest GED producer in the state with 1,010

• The college employs 1,072 individuals and generates more than $43 million

in labor-income to the four-county service district.

• MGCCC graduates increase their earnings 63 percent during the first five years

of their employment.

• The college disbursed more than $41 million in financial aid to the students attending 2010-2011.

• Students spend an estimated $137 million each year they attend the college.

Report prepared by Lynn Tincher-Ladner MGCCC Office of Institutional Research and Planning Published by MGCCC Institutional Development, January 2012

For 100 years, mississippi Gulf coast

community college has had a rich history

of providing educational, financial and

economic benefits to the communities

served in the college district of George,

Harrison, Jackson and Stone counties

these benefits extend beyond the college’s

operation and contribute to the improved

quality of life for the students and residents

within the four-county district in FY2011,

more than 36,000 individuals were enrolled

in credit and non-credit development

programs, resulting in stronger and

healthier lifestyles

With the focus on economic development

as one of its strategic initiatives, this

institutional report reflects the impact

on the tax base, employment, county

economic profiles and earnings potential

of graduates as well as other pertinent

data contributing to the economic future

of the communities represented

this 2011 Economic impact Report further

documents the economic returns in South

mississippi that have resulted in state, local

and personal investments in mississippi

Gulf coast community college Findings

in this report are based upon institutional,

state and federal data sources as well as

partnerships with economic experts and

agencies We look forward to continuing

to invest in the educational and economic

future of our local area, state and region

through instructional excellence and

student success

Higher levels of education are a well-established path to better jobs and earnings Estimates of annual earnings derived from the most recent publication of education-attainment data extracted from

a three-year study of the census Bureau’s american community

Survey (acS) are shown in Exhibit

1 a full-time worker with an

associate degree has 29 percent higher annual income than a high school graduate mississippi Gulf coast community college is a top

100 associate-degree producing institution, and is one of the top 10 community colleges recognized by the aspen institute During 2011, the college achieved a 27 percent increase in numbers of graduates,

an institutional and state record

of 2,114 students in addition to ongoing completion efforts, this unprecedented increase was also attributed to a more

streamlined graduation process, an aggressive recruitment of graduates and the elimination of graduation fees

the college’s programs are aligned to the economic dependence of its service district

on certain industries such as medical, manufacturing, technical and service/tourism

in 2011, the college graduated nearly 600 students in nursing and numerous other health-related occupations; 330 skilled manufacturing/industrial graduates in areas such as logistics, drafting, process operations, welding and electronics another 120 students gained credentials in technical areas such as computer/web programming, servicing/repair and networking, and 61 degrees were awarded

to meet service-related industry needs in travel,

ExHIbIT 1 Annual Earnings and Employment

by Education Attainment

Full-time, year-round Workers Less than full-time, year-round workers Median

Earnings Percent of Persons Median Earnings Percent of Persons

Source: U.S Census Bureau, American Community Survey 2006-2008

Graduates and Earnings

MGCCC was honored to have been named one of

the top 10 community colleges in the competition

for the Aspen Prize.

The 2011 inaugural Aspen Prize recognized

excellence in the nation’s 1,200 community

colleges

The colleges were ranked according to critical

elements of student success; student learning;

degree completion and transfer; equity and

employment/earnings after college.

in addition to higher earnings, mGccc graduates are more likely to be employed in a full-time capacity in fact, it is

estimated that 60 percent of associate degree-holders work full time, 7 percent higher than full-time workers with a high-school diploma overall unemployment rates are also affected by one’s level of education Based on the Bureau

of Labor Statistics (BLS) for those over age 25, the unemployment of associate-degree holders is 7 percent and for

those with a high school diploma or less, the unemployment rate ranges from 9.2 percent to 15 percent Exhibit 2

shows the latest figures from the 2010 unemployment rate BLS’s current population Survey

in a recent longitudinal analysis of mGccc graduates from 2005, data show the average gains from placement and five years later were 44 percent for an associate-degree holder and 33 percent increase for a certificate holder the data in

Exhibit 3 shows the annualized earnings for 2005 graduates working full time and part time in the state of mississippi

the college is ranked in the top

100 for producing graduates

out of the 1,200 public

two-year community colleges in

the country according to this

independent poll, mGccc ranks

89th in producing

associate-degree graduates this same

Source: Bureau of Labor Statistics, Current Population Survey

ExHIbIT 3 Summary of Annualized Earnings - MGCCC Graduates (2005)

Degree earned

in 2005

2006 2010 Earnings of

associate degree graduates increased

Enrollment Annual Earnings Enrollment Annual Earnings Associate

Since the cost of attendance is one of the top reasons

students attend a community/junior college, the

median total cost of attendance by degree type,

inclusive of all tuition, fees, book and testing fees

associated with student accounts receivables is

shown in Exhibit 4 these costs are highly dependent

on the amount of state and local funding as taxpayer

support permits the college to set the lowest tuition

possible and still cover the remainder of education

costs to students

in addition to the direct cost of the degree, time

spent in school creates an opportunity cost of time

(the earnings forgone) Earnings forgone for the age

and degree level of mGccc students were estimated

at $15,080 for a full-time student Using the median

earnings of mGccc graduates, the break-even points

(length of time for benefits to begin to exceed

costs) were estimated For pell-eligible students, the

associate of arts (a.a) graduate’s estimated

break-even point was 18.3 months and the associate of

applied Science (a.a.S.) break-even point was 11.0

months the diploma graduate was 12.6 months For graduates not qualified for pell grants, the break-even point for an a.a degree was 26.3 months; the a.a.S degree was 15.9 months; and Diploma graduates broke even in 18.8 months

the benefits of higher education to the taxpayers go far beyond the increase in tax base for the Gulf coast economy Workers with higher levels of education tend to lead healthier, more productive lives, which translates into savings for employers and taxpayers a study conducted for all community colleges in mississippi reflects that increased education levels have a statistically significant impact on major socioeconomic factors such as welfare, incarceration, smoking and alcohol abuse the study concluded that an associate-degree holder in mississippi is 25 percent less likely to abuse alcohol, 26 percent less likely to smoke, 58 percent less likely to be incarcerated, and 75 percent less likely to be a welfare recipient

producing graduates is a primary goal of the institution and generates the highest benefit for economic returns to the individual and the taxpayer

ExHIbIT 4 Total Cost of Degree

by Degree TypeDegree Type Median Cost Minimum Maximum

Associate of Arts $5,544 $5,544 $5,544

Student Financial Aid and Student Spending

percent of the student

body) Student subsidies

from federal sources

totaled $35.4 million,

another $1.3 million was

from state sources, $3.7

fall 2010 semester spent

an estimated $93 million in the local economy (non-tuition related expenses, and the 3,093 part-time students spent

an additional $45 million Beginning in 2011, students and parents can now obtain an estimate of what it may cost

to attend mississippi Gulf coast community college the college’s net price calculator provides the student with the annual cost of attendance, minus grants and scholarships the calculator is located on the college’s website at http://www.mgccc.edu/future_students/net_price_calculator.php

ExHIbIT 5 Distribution of Financial Aid by Category County

Off campus, in-state $16,947 1848 1533 $31,323,737 $25,972,423

Students Served and Online Education

During 2010-2011, the college served more than 14,000 students in credit programs at the college’s eight locations

these students were enrolled in 258,625 hours of credit Exhibit 7 shows the enrollment activity in each county.

the college has experienced significant growth in courses taken online over the past five years, online credit-hour

enrollment has increased 81 percent the trend is shown in Exhibit 8.

Source: Audited enrollment files MGCCC Department of Institutional Research and Planning

Source: Office of Institutional Research and Planning

the college has responded to growth in online enrollment by increasing the number and variety of course offerings, increasing investments in instructional technologies, and providing extensive professional training of online

instructors the student body has changed in both size and preference of instructional format approximately third of students take at least one online class online courses are offered as versions of traditional classes through

one-the mississippi Virtual community college (mSVcc) network Exhibits 9 and 10 compare fall 2006 and fall 2010

enrollment by hours of online courses

Renamed eLearning in June 2010, the college’s distance-learning program has had

an enrollment growth from 1,324 students

in fall 2000 to 5,591 in fall 2009 on average, unduplicated enrollment has increased

by 20 percent every year since 2000 and increased by more than 22 percent between spring 2009 and spring 2010 almost 500 online classes were offered at mississippi Gulf coast community college in the 2009-

2010 academic year, with the majority of these classes taught by full-time college faculty

there are degree programs in more than

12 different areas that can be completed

online, including eight associate of arts

degrees and four associate of applied

science degrees Several other degree

programs can be completed online, with the

exception of a few classes Fast-track online

and hybrid plans are available for students

at all campuses and centers these plans

combine day, night, weekend (hybrid) and

online classes to offer total flexibility to both

nontraditional and traditional students

Developmental and Adult Education

the purpose of adult basic education is to increase the number of students who are entering employment, seeking employment retention, obtaining a GED, and/or making the transition into post-secondary education and training programs the college served 2,938 students in adult Basic Education and English as a Second Language programs these programs generated more than 1,000 GED graduates the college is not only the single-largest producer of GED graduates in the state

of mississippi, but the institution also plans for these graduates to transition to credit programs through counseling and institutional subsidies such as performance-based GED scholarships

Exhibit 11 shows the post-Katrina enrollment

of GED students at mGccc of these students,

96 percent obtain their GED at the college prior

to entering a credit program, and Exhibit 12

shows drop-out recovery efforts by county

as part of the admissions process, the college determines student readiness in an effort to increase success in level coursework Developmental courses are offered to remediate reading, English and math skills approximately one in three new students is placed in at least one developmental course of the 2,521 new first-time, first-year college students entering mGccc in fall 2011, 809 or 32 percent, were classified as

college-developmental students of all students enrolled in fall 2011, 17

percent were classified as developmental

congruent with previous studies, the 2011 success rate of

developmental students in both college algebra and freshman

English composition was equal to or better than those students

classified as “non-developmental” by evaluation of high-school

transcripts and/or act test scores additionally, developmental

students were less likely to withdraw from subsequent coursework

than non-developmental students these efforts resulted in 675 (32

percent) graduates in the class of 2011 who, at the time of entry to

the institution, were classified as developmental students

through the combined efforts of developmental and adult

education, 770 students were able to obtain a college degree

in 2011 it is estimated that the median annual tax payments of

these graduates will be $7,161,000

Source: Office of Institutional Research and Planning

Source: Office of Institutional Research and Planning

Workforce Development

Workforce training represents the largest non-credit initiative for mississippi Gulf coast community college, serving 16,500 students through individual training and partnerships with more than 65 companies throughout South mississippi the economic impact of this training is realized through gains in income for those trained the average annual wage increase for workers

in FY2010 was $5,103, and median annual earnings among trainees was $39,664 training received in industrial, welding and blueprint reading yielded the highest increases

in annual wages Exhibit 13 captures

the salary increases by training category

community, economic and workforce development programs and services at the right place and right time may be customized, proprietary or vender-specific Services available to business/industry and the residents

of the college district include the following:

• pre- and post-employment screening, testing and

training

• Eligibility for tax credits

• Funding of workforce training

• curriculum development and customized training

materials

• mobile training labs with state-of-the-art equipment

the college also promotes economic development of the

community’s workforce through partnership with the mississippi

Department of Employment Security Workforce investment

network the college works in conjunction with workforce

partners to provide and support the many services made

Source: Mississippi Unemployment Insurance Data in partnership with National Strategic Planning & Analysis Center

(nSPARC) of Mississippi State University

Society and Community Benefits

During 2011, nearly 3,000 students and 400 employees participated in community service or service learning events these efforts generated 10,525 hours of community service more than 25 percent of the students attending mGccc participated

in volunteerism, service-learning or community service activities in FY2011 Exhibit 15 shows the distribution of service

hours by category

Some examples of FY2011 community service events included fundraising for breast cancer, heart and arthritis research; services for martin Luther King Jr Day; ministry to homeless and poor; reading projects at area elementary schools; food and blood drives; voter registration and awareness activities; workshops and activities for children in partnership with the Lynn meadows Discovery center; vision screening for children; health and health awareness fairs; area clean up; and march of Dimes

Service is a vital part of student learning and is one of the many ways mississippi Gulf coast community college adds value to its surrounding communities along with this direct impact of community and service learning projects, students attending college are also more likely to continue to volunteer within the community

HOURS

Source:http://www.mgccc.edu/factbook/reports/Community_Service_Survey_2011.pdf

Programs with Special Impact

on the Community

While the college’s mission encompasses a large variety of credit and non-credit initiatives to increase the education levels of citizens of the Gulf coast, mississippi Gulf coast community college sponsors numerous other programs with special impacts on the community in this report, the college spotlights three such programs: the Gulf coast Youth

Leadership program (GcYL), the Lifelong Learning institute (LLi) and travel to Learn

• The Gulf Coast Youth Leadership Program: the

purpose of the Gulf coast Youth Leadership program

is to develop high school students into leaders

who are informed, motivated and committed to

working toward an improved quality of life the

goal of the one-year program is to identify and

develop youth with leadership skills and provide an

in-depth knowledge of the Gulf coast community

the program is based on the basic principles of

adult leadership programs operating in the coastal counties and at the state level the value-based program

of personal development involves business/industry leaders through presentations, field trips and mentors

core to the program’s curriculum is economic development the college served 26 students during the FY2011 program year to learn more about the GcYL program visit, http://www.mgccc.edu/community/GcYL.php

• The Lifelong Learning Institute: mississippi Gulf

coast community college provides an educational

opportunity designed to meet the needs of america’s

maturing population through the mGccc Lifelong

Learning institute (LLi) mature adults who care about

lifelong learning, who are self-motivated, and who

wish to continue their experiences with other

like-minded individuals are what the LLi is about

• Travel to Learn: the travel to Learn department offers

open-to-the-public travel to individuals with inquiring

minds and adventurous spirits these trips may be day

trips or extended overnight trips mGccc organizes the

transportation and travel details so that participants

can spend time enjoying the scenery all trips expose

the traveler to some form of cultural, historical or artistic

MGCCC

Gulf Coast Youth LeadershipGCYL

Impact of College Employment

and Capital Projects

mississippi Gulf coast community college

is a major employer in South mississippi the college disbursed $38 million to more than 1,072 employees during fiscal year

2011 and paid more than $10 million in fringe benefits most of this income is disbursed locally, and more than 90 percent

of the college’s employees live within the

four-county district Exhibit 16 shows the

college’s employment by national center for Education Statistics classifications

When combined, the municipalities in the college’s service area represent the largest center of economic activity south

of Jackson Employment and income multiplier models relative to the impact of Gulf coast were generated using impLan by State Senior Economist Dr Bob neal Using the labor-income multipliers for each county, the college’s

employment adds an additional 160 full-time jobs to the district Exhibit 17 shows that the total labor-income

impact based on the

Zip code of the college

employees within the

four-county district was

$47 million

the institution’s

capital projects serve

as another significant

direct economic impact

to South mississippi these expenditures directly create jobs and generate additional economic activity During FY2011, expenditures for the college’s capital projects totaled $6.5 million

ExHIbIT 16 College Employment based on Employee Zip Code

National Center for Education

George Harrison Jackson Stone Out-of-District

Labor Income $1,699,271 $11,942,197 $11,479,182 $9,060,614 $3,786,188

Added-Impact $475,796 $5,373,989 $4,706,465 $2,174,547

-Total Impact $2,175,067 $17,316,186 $16,185,647 $11,235,161 $3,786,188

Source: Office of Institutional Research and Planning

Source: IMPLAN calculations by Dr Bob Neal, State Senior Economist

Capital Projects

A 2,000 square-foot greenhouse, located at the

Estuarine Education Center, was completed

in September 2010 The Native Vegetation

and Plant Greenhouse construction and

educational programs are funded by the

Coastal Impact Assistance Program from

the Bureau of Ocean Energy Management,

Regulation and Enforcement through a

$500,000 grant award to the Mississippi

Department of Marine Resources

The construction of a 50,000 square-foot

Hospitality and Resort Management Center

began in spring 2011 east of DeBuys Road The primary purpose of the facility is to promote the Coast’s tourism economy Approximately half of the estimated cost for the design and construction of the training and education center will be provided through local funding

A state-of-the-art Athletic Performance

Facility was completed in spring 2011 An

18,906 square-foot Learning Resources

Center (LRC) is under construction to house the

Perkinston Campus Library; college-sponsored tutorial labs; an open computer laboratory; and Media Services