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CCA's Impact: Over $187 Million Annually

Students Receive 370% Return on Investment

CCA's economic ImpactA new economic impact study released May 8 revealed that the Community College of Aurora’s annual financial impact in its service community amounted to $187.487 million.

The fiscal examination of CCA showed the institution increased the lifetime incomes of its students, benefitted taxpayers, and increased tax revenues while reducing the demand for taxpayer-supported social services.

Going deeper inside the numbers:

  • Regional income attributable to the accumulation of CCA skills over the past 28 years amounts to $170.185 million annually, due to the higher earnings of students and increased output of businesses.
  • The CCA service area economy receives at least $15.425 million per year in income due to school operations.
  • For every dollar students invest in CCA, they receive a cumulative $3.70 in higher future income over the course of their working careers. On an annual basis, after adjusting for inflation, students receive a rate of return of 13.3% on the money they invested in their community college education.
  • Taxpayers see a rate of return of 9.1 percent on their CCA investment.

To view the full report, click here.
To view a summary of facts, click here.


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