Economic Impact - Student Perspective
1
High-Paying Local Jobs by Education Level 0% 10% 20% 30% 40% 50% S hor t -t e r m t r a i ni ng M o de r at e -t e r m t r ai ni ng Long - t e r m t r ai ni ng W or k e xpe r i e nce Post s e condar y aw ar d A ssoci at e 's Bache l or 's Gr aduat e Percent of Area Jobs Education Is Your Ticket to a Better Job EMSI is a leading provider of socioeconomic impact and strategic planning tools to community and technical colleges in the US and Canada.Visit us at www.economicmodeling.com for more information.To see full documentation of the study, please contact the college. Student Perspective Schenectady County Community College Economic Impact Education Will Pay You Back—For a Lifetime May-08 Average Earnings at Career Midpoint $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 L e s s th a n HS HS/ GE D C e rti f i c a te As s o c i a te ' s Students enjoy an attractive • 21% rate of return on their SCCC educational investment, and recover all costs (in- cluding wages given up while attending classes instead of working) in only 7 years. Over the course of his or her work- • ing career, the average SCCC student’s lifetime earnings will increase $8.20 for every dollar invested in their SCCC education (in the form of tuition, fees, and foregone earnings). Students see their annual income in- • crease, on average, by $237 per year for every credit completed at SCCC. The average annual income of the typical Associate Degree graduate • from SCCC at the midpoint of his or her career is $53,000, 37% more than someone with a high school diploma. Over the course of a working lifetime, Associate Degree graduates from • SCCC earn $590,400 more than someone with a high school diploma. By • 2018 it is anticipated that there will be about 17,600 new and replace- ment jobs available in the SCCC Service Area economy. About • 31% of these jobs will require an education level equal to an associ- ate’s degree or greater. Another • 4% of available jobs in 2018 will require some kind of post-sec- ondary certificate or vocational award.
-
Upload
schenectady-county-community-college -
Category
Documents
-
view
216 -
download
1
description
The student perspective of the ESMI financial impact report for SCCC.
Transcript of Economic Impact - Student Perspective
High-Paying Local Jobs by Education Level
0%
10%
20%
30%
40%
50%Short-term
trainingM
oderate-term training
Long-term training
Work experience
Postsecondary award
Associate's
Bachelor'sG
raduate
Per
cent
of A
rea
Jobs
Education Is Your Ticket to a Better Job
EMSI is a leading provider of socioeconomic impact and strategic planning tools to community and technical colleges in the US and Canada. Visit us at www.economicmodeling.com for more information. To see full documentation of the study, please contact the college.
Student PerspectiveSchenectady County Community College
EconomicImpact
Education Will Pay You Back—For a Lifetime
May-08
Average Earnings at Career Midpoint
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
Less than HS
HS/G
ED
Certificate
Associate's
Students enjoy an attractive • 21% rate of return on their SCCC educational investment, and recover all costs (in-cluding wages given up while attending classes instead of working) in only 7 years. Over the course of his or her work-•ing career, the average SCCC student’s lifetime earnings will increase $8.20 for every dollar invested in their SCCC education (in the form of tuition, fees, and foregone earnings). Students see their annual income in-•crease, on average, by $237 per year for every credit completed at SCCC.
The average annual income of the typical Associate Degree graduate •from SCCC at the midpoint of his or her career is $53,000, 37% more than someone with a high school diploma. Over the course of a working lifetime, Associate Degree graduates from •SCCC earn $590,400 more than someone with a high school diploma.
By • 2018 it is anticipated that there will be about 17,600 new and replace-ment jobs available in the SCCC Service Area economy.About • 31% of these jobs will require an education level equal to an associ-ate’s degree or greater.Another • 4% of available jobs in 2018 will require some kind of post-sec-ondarycertificateorvocationalaward.
