Analysis of the Return on Investment and Economic Impact of Education

TABLE 1.4: Breakdown of student headcount and CHE production by education level, FY 2014-15

CATEGORY

HEADCOUNT

TOTAL CHES

AVERAGE CHES

Associate degree graduates

2,348

45,790

19.5

Certificate graduates

212

3,954

18.6

Continuing students

20,482

221,876

10.8

Dual credit students

4,576

19,839

4.3

Basic education students

1,043

13,107

12.6

Personal enrichment students

111

612

5.5

Workforce and all other students

4,069

12,095

3.0

Total, all students

32,841 32,730

317,272 316,660

9.7 9.7

Total, less personal enrichment students

Source: Data supplied by MCC.

TABLE 1.5: Labor and non-labor income by major industry sector in Monroe County, 2014*

LABOR INCOME (MILLIONS)

NON-LABOR INCOME (MILLIONS)

TOTAL INCOME (MILLIONS)†

% OF TOTAL INCOME

SALES (MILLIONS)

INDUSTRY SECTOR

Agriculture, Forestry, Fishing, & Hunting

$30

$15

$45

0.1%

$126

Mining

$16

$47

$63

0.1%

$94

Utilities

$120

$364

$484

1.1%

$696

Construction

$1,011

$422

$1,432

3.2%

$2,574

Manufacturing

$3,440

$3,807

$7,247

16.4%

$15,949

Wholesale Trade

$1,254

$1,456

$2,710

6.1%

$4,070

Retail Trade

$1,360

$790

$2,150

4.9%

$3,452

Transportation & Warehousing

$352

$150

$502

1.1%

$1,030

Information

$673

$1,502

$2,175

4.9%

$4,097

Finance & Insurance

$2,302

$1,504

$3,806

8.6%

$7,411

Real Estate & Rental & Leasing

$643

$715

$1,358

3.1%

$2,979

Professional & Technical Services

$2,176

$406

$2,582

5.9%

$4,040

Management of Companies & Enterprises

$1,102

$215

$1,317

3.0%

$2,332

Administrative & Waste Services

$1,141

$280

$1,421

3.2%

$2,201

Educational Services, Private

$1,856

$234

$2,089

4.7%

$3,430

Health Care & Social Assistance

$3,517

$334

$3,851

8.7%

$6,806

Arts, Entertainment, & Recreation

$192

$81

$274

0.6%

$489

Accommodation & Food Services

$545

$277

$821

1.9%

$1,613

Other Services (except Public Administration)

$611

$4,662

$5,273

12.0%

$7,092

Government, Non-Education

$1,861

$373

$2,233

5.1%

$10,244

Government, Education

$2,161

$130

$2,291

5.2%

$2,547

Total

$26,362

$17,763

$44,125

100.0% $83,270

* Data reflect the most recent year for which data are available. Emsi data are updated quarterly. † Numbers may not add due to rounding. Source: Emsi.

9

M O N R O E C O M M U N I T Y C O L L E G E | M A I N R E P O R T