1. Presenting the Socioeconomic Benefits of
Southwestern Oregon Community College
CCbenefits, Inc.
1150 Alturas Dr. Ste 102
Moscow, ID 83843
(208)

2. Components of the Study
Regional Economic Development
Investment Analysis

3. Beginning with the
Regional Analysis

4. Economic Region

5. What we measure… College operations spending effects
Past student productivity effects

6. College Operations Spending
Includes direct income of faculty and staff plus…
The indirect income due to associated multiplier effects minus…
Any moneys withdrawn from the economy in support of the college

7. College Operations Spending
Annual Contribution
College Operations Spending
in regional income
(after adjusting for alternative use of funds)

8. Past Student Productivity
Measures the higher income of students still active in the workforce plus…
The associated multiplier effects due to past student productivity

9. Past Student Productivity
Annual Contribution
Past Student Productivity
in regional income

10. Total Regional Impact

11. Continuing with the
Investment Analysis

12. What we measure…
Student Benefits
Social Benefits
Taxpayer Benefits

13. Student Benefits
Student benefits consist of the present value of increased future income
These are measured against student costs - tuition paid and the opportunity cost of time

14. Student Perspective Rate of Return
Students receive an annual rate of return of 18.0% on their educational investment.

15. Student Perspective Benefit/Cost Ratio
For every $1 invested in education, students receive a cumulative return of $4.20.

16. Student Benefits
A Southwestern AA Degree will increase earnings to $31,429 per year, 37% more than the average HS graduate.
An Associate Degree graduate will earn $276,700 more than someone with a HS diploma or GED over his or her future career.

17. Social Benefits
Higher education is statistically correlated with the improved lifestyles of the students
This translates into medical, crime and welfare/unemployment savings to the taxpayer.

18. Social Benefits
Improved student lifestyles translate into $1.1 million in avoided costs to the public each year.

19. Taxpayer Benefits
Taxpayer benefits consist of the higher incomes of the students and avoided costs to the government
These are measured against taxpayer costs – state and local taxes and appropriations

20. Taxpayer Perspective Rate of Return
Taxpayers receive an annual rate of return of 19.3% on their educational investment.

21. Taxpayer Perspective Benefit/Cost Ratio
For every $1 invested in education, taxpayers receive a cumulative return of $4.30.

22. So what does all this mean?

23. IT PAYS BACK
IT PAYS TO INVEST
IT PAYS TO LEARN