The Economic Value of Main Report

Another 14,014 students enrolled in courses for credit but did not complete a degree during the reporting year. The college offered dual credit courses to high schools, serving a total of 4,265 students over the course of the year. Non-degree seeking students enrolled in workforce or professional development programs accounted for 4,111 students. We use credit hour equivalents (CHEs) to track the educational workload of the students. One CHE is equal to 15 contact hours of classroom instruction per semester. The average number of CHEs per student was 11.8.

Table 2.3: Breakdown of student headcount and CHE production by education level, FY 2022-23

Category

Headcount

Total CHEs

Average CHEs

Associate degree graduates

1,070

22,470

21.0

Certificate graduates

163

2,445

15.0

Continuing students

14,014

210,210

15.0

Dual credit students

4,265

25,590

6.0

Workforce/professional development students

4,111

17,266

4.2*

Total students

23,623

277,981

11.8

* Due to non-credit data limitations, the average CHEs for non-credit students are derived from the average non-credit CHEs provided by colleges who have previously worked with Lightcast. Source: Data provided by MCC

The economic value of Monroe Community College

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