The Economic Value of Main Report

Table 4.2: Projected benefits and costs, student perspective

1

2

3

4

5

6

Gross higher earnings to

Net higher earnings to students (millions)

Years out of school

students (millions)

% active in workforce*

Student costs (millions)

Net cash flow (millions)

0

$9.0

15%

$1.4

$63.3

-$61.9

1

$10.4

22%

$2.3

$1.3

$1.0

2

$11.8

28%

$3.3

$1.3

$2.1

3

$13.3

40%

$5.3

$1.3

$4.0

4

$14.8

58%

$8.5

$1.3

$7.3

5

$16.3

96%

$15.7

$1.3

$14.4

6

$17.9

96%

$17.2

$1.3

$15.9

7

$19.5

96%

$18.7

$1.3

$17.4

8

$21.1

96%

$20.2

$1.3

$18.9

9

$22.7

96%

$21.7

$1.3

$20.4

10

$24.3

95%

$23.1

$1.3

$21.9

11

$25.8

95%

$24.6

$1.3

$23.3

12

$27.3

95%

$26.0

$1.3

$24.7

13

$28.8

95%

$27.3

$1.3

$26.0

14

$30.2

95%

$28.5

$1.3

$27.3

15

$31.5

94%

$29.7

$1.3

$28.5

16

$32.8

94%

$30.9

$0.0

$30.9

17

$34.0

94%

$31.9

$0.0

$31.9

18

$35.1

93%

$32.8

$0.0

$32.8

19

$36.2

93%

$33.7

$0.0

$33.7

20

$37.1

93%

$34.4

$0.0

$34.4

21

$38.0

92%

$35.1

$0.0

$35.1

22

$38.7

92%

$35.7

$0.0

$35.7

23

$39.4

92%

$36.1

$0.0

$36.1

24

$40.0

91%

$36.5

$0.0

$36.5

25

$40.5

91%

$36.8

$0.0

$36.8

26

$40.9

90%

$36.9

$0.0

$36.9

27

$41.2

90%

$37.0

$0.0

$37.0

28

$41.4

89%

$37.0

$0.0

$37.0

29

$41.6

89%

$36.9

$0.0

$36.9

30

$41.7

88%

$36.6

$0.0

$36.6

31

$41.7

87%

$36.4

$0.0

$36.4

32

$41.6

86%

$36.0

$0.0

$36.0

33

$41.5

86%

$35.5

$0.0

$35.5

34

$41.3

85%

$35.0

$0.0

$35.0

35

$41.1

84%

$34.4

$0.0

$34.4

The economic value of Monroe Community College

50