MCC Program Based Economic Impact Analysis: Feb 2018

Automotive Technologies programs, they will receive $7.20 back over the course of their working lives. The corresponding internal rate of return is 17.7% for stu- dents in Automotive Technologies programs. CLINICAL & MEDICAL LABORATORY TECHNOLOGY In FY 2015-16, MCC enrolled 36 students in its Clinical & Medical Laboratory Technology program. The aver- age number of annual job openings in these occupations from 2016-2026 is expected to be 143, and the average job growth is expected to be +4.2% . Annually, there are 126 more job openings than institutional completers in the county for the Clinical & Medical Laboratory Tech- nology program. MCC’s Clinical & Medical Laboratory Technology program alumni generated an estimated $74.2 thousand in added income to the Monroe County economy in FY 2015-16. This is an annual economic impact of $505 per student. The undiscounted lifetime earnings increase per student is $277.2 thousand . For every dollar a student invests in their education in MCC’s Clinical & Medical Laboratory Technology program, they will receive $3.50 back over the course of their working lives. The corresponding internal rate of return is 16.6% for students in the Clinical & Medical Laboratory Technology program. COMPUTER INFORMATION SYSTEMS In FY 2015-16, MCC enrolled 39 students in its Com- puter Information Systems program. The average num- ber of annual job openings in these occupations from 2016-2026 is expected to be 142, and the average job growth is expected to be +8.8% . Annually, there are 127 more job openings than institutional completers in the county for the Computer Information Systems program. MCC’s Computer Information Systems program alumni generated an estimated $13.9 million in added income to the Monroe County economy in FY 2015-16. This is an annual economic impact of $2,368 per student. The undiscounted lifetime earnings increase per student is $737.2 thousand . For every dollar a student invests in their education in MCC’s Computer Information Systems program, they will receive $6.40 back over the course of their working lives. The corresponding internal rate of return is 20.4% for students in the Computer Information Systems program.

COMPUTER SCIENCE In FY 2015-16, MCC enrolled 166 students in its Computer Science program. The average number of annual job openings in these occupations from 2016- 2026 is expected to be 192, and the average job growth is expected to be +6.3% . Annually, there are 172 more institutional completers than job openings in the county for the Computer Science program. MCC’s Computer Science program alumni generated an estimated $12.9 million in added income to the Monroe County economy in FY 2015-16. This is an annual economic impact of $2,826 per student. The undiscounted lifetime earnings increase per student is $985.6 thousand . For every dollar a student invests in their education in MCC’s Computer Science program, they will receive $7.60 back over the course of their working lives. The correspond- ing internal rate of return is 19.7% for students in the Computer Science program. COMPUTER SYSTEMS TECHNOLOGY In FY 2015-16, MCC enrolled 61 students in its Com- puter Systems Technology program. The average num- ber of annual job openings in these occupations from 2016-2026 is expected to be 175, and the average job growth is expected to be +6.3% . Annually, there are 152 more job openings than institutional completers in the county for the Computer Systems Technology program. MCC’s Computer Systems Technology program alumni generated an estimated $7.3 million in added income to the Monroe County economy in FY 2015-16. This is an annual economic impact of $2,450 per student. The undiscounted lifetime earnings increase per student is $900.6 thousand . For every dollar a student invests in their education in MCC’s Computer Systems Tech- nology program, they will receive $6.60 back over the course of their working lives. The corresponding inter- nal rate of return is 21.1% for students in the Computer Systems Technology program. CONSTRUCTION TECHNOLOGY In FY 2015-16, MCC enrolled 94 students in its Con- struction Technology program. The average number of annual job openings in these occupations from 2016- 2026 is expected to be 354, and the average job growth is expected to be +10.5% . Annually, there are 339

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MONROE COMMUNITY COLLEGE. | FEBRUARY 2018