A nonprofit publication of the Kentucky Center for Public Service Journalism

Gateway Community & Technical College study shows students get $6.60 return on their dollar


For most people, a $6.60 return on every dollar invested is considered a good return. That’s the average amount students attending Gateway Community & Technical College receive, according to a new study by Emsi.

Additionally, the study shows taxpayers receive a $5.90 return on investment and society benefits $10.10 in added state revenue and social services savings for every dollar invested in Gateway.
 
The study also shows Gateway, its students and alumni add $60 million to the region’s economy each year.
 

 
The study was conducted in the fall of 2017 and results of the analysis reflect fiscal year 2015-16. The study demonstrates that Gateway creates value from multiple perspectives.

The college benefits local businesses and the state’s economy by

· increasing consumer spending in the state and supplying a steady flow of qualified, educated people into the workforce;

· enriching the lives of students by raising their lifetime earnings and helping them achieve their individual potential;

· benefitting state taxpayers through increased tax receipts across the state and a reduced demand for government-supported social services;

· benefitting society as a whole in Kentucky by creating a more prosperous economy; and

· generating a variety of savings through the improved lifestyles of students.

From Gateway Community & Technical College
 
 


Related Posts

Leave a Comment