Economic Impact Report
The Mendocino-Lake Community College District 2007 Economic Impact Report is available in pdf format.
FOR IMMEDIATE RELEASE - October 18, 2007
MENDOCINO COLLEGE, 1000 Hensley Creek Road, Ukiah, CA 95482
Contact: Ross Beck, Director of Public Information & Marketing
T: 707-468-3012, Fax: 707-468-3008, Email: firstname.lastname@example.org
File: NR-Economic Impact Report
Mendocino College Publishes First
Economic Impact Report
UKIAH, CA – Mendocino-Lake Community College District (MLCCD) has recently published the “2007 Economic Impact Report,” their first such report.
“Many colleges, including two-year community colleges and four-year universities, produce an economic impact report every few years,” states Superintendent/President Kathy Lehner. “These reports detail the myriad ways that educational institutions impact their local economies. We thought it important to take a look at our economic impact at this time since property owners in the district are making an additional investment in the college through the Measure W Bond.”
The twelve-page report covers such areas as Regional Economic & Local Business Impact, A Pathway to Higher Earnings, Socioeconomic Benefits of Community Colleges, Student Spending & Financial Aid Monies, Campus Construction & Job Creation, Measure W Bond, Foundation Support, and Community Connections.
According to the report, Mendocino College’s direct and indirect impact on the area is estimated to be about $40 million annually, while the impact of the student body is $50.9 million. An estimated $94.2 million in additional tax revenue will be generated by Associate degree graduates of Mendocino College (since 2000) over their working careers.
“The report relies on verified, established Federal and State data sources and estimators, so the dollar values cited by the report are as accurate as possible,” explains Director of Institutional Research Dr. Charles Duffy. “The source for virtually every number is cited in the text and can be independently verified by the reader.”
A community college student in Mendocino and Lake Counties who receives an associate degree can expect to earn 22% more (that is $6,800 more per year) than someone with only a high school diploma. A student with a one-year certificate can expect to earn $4,017 more per year than a high school graduate.
Since MLCCD was founded in 1973, over 96,700 students have enrolled in classes at the Ukiah Campus, Willits Center and Lake Center. Currently, MLCCD has 417 employees, including part-time faculty.
Organizations, groups and service clubs interested in scheduling a presentation regarding the Measure W Bond or the College’s economic impact can call the Mendocino College Public Relations Office at 468-3012.
A copy of the report is available online at www.mendocino.edu.
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Created: October 18, 2007 @ 10:15 AM
Last Modified: August 13, 2012 @ 08:43 AM