Monroe Community College Program Based Economic Impact Analysis, January 2015

◆ ◆ In 2014, completers of MCC’s Automotive Tech- nology program generated an estimated $17.8 million in added income to the regional economy. As of 2014, there are 279 MCC completers in the workforce who achieved some credential in this field (either a postsecondary vocational award or an associate’s degree). Whether employed in their field or in another field, these students gener- ate an annual economic impact of $63,800 per person. In present value terms, an average MCC completer in this program will collect a present value of $653,100 in future earnings as a result of this education.

$21.4 million in added income to the regional economy. As of 2014, there are 102 MCC com- pleters in the workforce who achieved an Asso- ciate in Applied Science degree in this field. Whether employed in their field or in another field, these students generate an annual eco- nomic impact of $209,100 per person. In present value terms, an average MCC completer in this program will collect a present value of $895,400 in future earnings as a result of this education.

MONROE COMMUN I T Y COL L EGE | ECONOM I C MODE L I NG S P EC I A L I S T S I NT L .  6