CCBC Economic Impact StudyHow do the Baltimore County economy and the State of Maryland benefit from the presence of The Community College of Baltimore County (CCBC)?
Results from a study by Economic Modeling Specialists, International (EMSI) detail the value of The Community College of Baltimore County (CCBC). The analyses of Investment Effectiveness and Economic Growth are presented from multiple perspectives. Students benefit from higher personal income, and society benefits from cost savings associated with reduced welfare and unemployment, improved health, and reduced crime.
Education, however, requires a substantial investment on the part of students and taxpayers. All of the education stakeholders, therefore, want to know if they are getting their money’s worth. In this study, CCBC investigated the attractiveness of its returns as an education, workforce, and professional development provider relative to alternative public investments.
An Executive summary is available as well as short reports from stakeholder perspectives.