The Economic Value of Main Report
Investment analysis
Investment analysis is the practice of comparing the costs and benefits of an investment to determine whether it is profitable. This study evaluates MCC as an investment from the perspectives of students, taxpayers, and society.
Student perspective Students invest their own money and time in their education to pay for tuition, books, and supplies. Many take out student loans to attend the college, which they will pay back over time. While some students were employed while attending the college, students overall forewent earnings that they would have generated had they been in full employment instead of learning. Summing these direct outlays , opportunity costs, and future student loan costs yields a total of $76.6 million in present value student costs. In return, students will receive a present value of $418.6 million in increased earnings over their working lives. This translates to a return of $5.50 in higher future earnings for every dollar that students invest in their education at MCC. The corresponding annual rate of return is 19.5% .
The economic value of Monroe Community College
10
Made with FlippingBook Online newsletter creator