{"id":958,"date":"2025-01-21T14:41:36","date_gmt":"2025-01-21T14:41:36","guid":{"rendered":"https:\/\/www.eastcentral.edu\/about-ecc\/?page_id=958"},"modified":"2026-07-06T13:34:33","modified_gmt":"2026-07-06T13:34:33","slug":"economic-impact","status":"publish","type":"page","link":"https:\/\/www.eastcentral.edu\/about-ecc\/economic-impact\/","title":{"rendered":"The Economic Value of 91ԭƬ on the 91ԭƬ Taxing District"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column esi-banner is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column esi-counter is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<div class=\"wp-block-essential-blocks-number-counter  root-eb-counter-1ul2i\"><div class=\"eb-parent-wrapper eb-parent-eb-counter-1ul2i \"><div class=\"eb-counter-1ul2i eb-counter-wrapper\"><div class=\"counter-contents-wrapper\"><p class=\"eb-counter-number\"><span class=\"eb-counter-prefix\">$<\/span><span class=\"eb-counter eb-counter-number\" data-duration=\"1500\" data-startvalue=\"0\" data-target=\"110\" data-separator=\",\" data-isshowseparator=\"true\">0<\/span><span class=\"eb-counter-suffix\">.9<\/span><\/p><p class=\"eb-counter-title\">million<br>PER YEAR <\/p><\/div><\/div><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\" style=\"font-size:28px\"><strong>in added income  <br>to the 91ԭƬ taxing district<\/strong><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ecc-taxing-district.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"724\" src=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ecc-taxing-district.jpg\" alt=\"Map of 91ԭƬ's taxing district in Missouri\" class=\"wp-image-1051\" srcset=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ecc-taxing-district.jpg 800w, https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ecc-taxing-district-300x272.jpg 300w, https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ecc-taxing-district-768x695.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>The 91ԭƬ Taxing District<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<style>\n.eb-counter-wrapper.eb-counter-1ul2i .eb-counter-number, .eb-counter-wrapper.eb-counter-1ul2i .eb-counter-title {\n  color:var(--true-blue);\n}\n.page-featured-image {\n  height: 25vh!important;\n  margin-bottom: -40px;\n}\n.title {\n  margin: -20px -20px 30px!important;\n}\n.title .entry-title, .title hr.aqua-hr {\n  margin-left: 20px;\n}\n.counter-contents-wrapper {\n  color: var(--true-blue)!important;\n}\n.eb-counter-wrapper {\n    background-color:transparent!important;\n}\n.eb-counter-number .eb-counter, .eb-counter-number .eb-counter-prefix, .eb-counter-number .eb-counter-suffix {\n  font-size: 120px!important;\n  line-height: 120px!important;\n}\n.eb-counter-title {\n  font-size: 80px!important;\n  line-height: 80px!important;\n}\n@media (max-width:720px) {\n  .title {\n    margin: 0px 0px 30px!important;\n  }\n  .title .entry-title, .title hr.aqua-hr {\n    margin-left: 0px;\n  }\n}\n<\/style>\n\n\n\n<h2 class=\"wp-block-heading\">Economic impact analysis<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>In FY 2022-23, 91ԭƬ added <strong>$110.9 million <\/strong>in income to the 91ԭƬ Taxing District<sup>* <\/sup>economy, a value approximately equal to <strong>2.7% <\/strong>of the region\u2019s total gross regional product (GRP). Expressed in terms of jobs, 91ԭƬ\u2019s impact supported <strong>1,891 jobs<\/strong>.<\/p>\n\n\n\n<p>For perspective, the activities of 91ԭƬ and its students support <strong>one out of every 26 jobs <\/strong>in the 91ԭƬ Taxing District.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Operations spending impact<\/h3>\n\n\n\n<p>91ԭƬ employed 453 full-time and part-time faculty and staff. Payroll amounted to $18.2 million, much of which was spent in the region for groceries, mortgage and rent payments, dining out, and other household expenses. The college spent another $8.7 million on its expenses related to facilities, supplies, and professional services (excluding construction).<\/p>\n\n\n\n<p>The net impact of the college\u2019s operations spending added <strong>$10.9 million <\/strong>in income to the regional economy in FY 2022-23.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Student spending impact<\/h3>\n\n\n\n<p>Around 34% of students attending 91ԭƬ originated from outside the region. Most of them relocated to the 91ԭƬ Taxing District. In addition, some in-region students, referred to as retained students, would have left the 91ԭƬ Taxing District for other educational opportunities if not for 91ԭƬ. These relocated and retained students spent money on groceries, mortgage and rent payments, and other living expenses at regional businesses.&nbsp;<\/p>\n\n\n\n<p>The expenditures of relocated and retained students in FY 2022-23 added <strong>$9.5 million <\/strong>in income to the 91ԭƬ Taxing District economy.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Alumni impact<\/h3>\n\n\n\n<p>Over the years, students have studied at 91ԭƬ and entered or re-entered the workforce with newly acquired knowledge and skills. Today, thousands of these former students are employed in the 91ԭƬ Taxing District.<\/p>\n\n\n\n<p>The net impact of 91ԭƬ\u2019s former students currently employed in the regional workforce amounted to <strong>$90.5 million <\/strong>in added income in FY 2022-23.<\/p>\n\n\n\n<p class=\"has-small-font-size\">* For the purposes of this analysis, the 91ԭƬ Taxing District is comprised of 16 zip codes spanning across Crawford, Franklin, St. Charles, and Warren Counties in Missouri.&nbsp;<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<p class=\"has-text-align-center has-text-color has-link-color has-medium-font-size wp-elements-d30b4403ce5212592ab92907cb5791c3\" style=\"color:#444444\"><strong>Impacts created by <\/strong><br><strong>91ԭƬ in FY 2022\u201323<\/strong><\/p>\n\n\n\n<div class=\"impact-sidebar sidebar-frame\" style=\"margin-bottom:20px;\">\n\t<div style=\"padding: 20px;color:var(--true-blue);font-weight: 600;\">\n\t\t<div>\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div>Operations spending impact<\/div>\n\t\t\t\t<div style=\"font-size: 24px;\"><span style=\"font-size: 32px;\">$10.9<\/span> million<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div class=\"sidebar-plus\">+<\/div>\n\t\t<div>\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div>Student spending impact<\/div>\n\t\t\t\t<div style=\"font-size: 24px;\"><span style=\"font-size: 32px;\">$9.5<\/span> million<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div class=\"sidebar-plus\">+<\/div>\n\t\t<div>\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div>Alumni impact<\/div>\n\t\t\t\t<div style=\"font-size: 24px;\"><span style=\"font-size: 32px;\">$90.5<\/span> million<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t<div style=\"padding: 20px;background-color: var(--true-blue);color:#ffffff;font-weight: 600;\">\n\t\t<div>\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div>Total economic impact<\/div>\n\t\t\t\t<div style=\"font-size: 24px;\"><span style=\"font-size: 32px;\">$110.9<\/span> million<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div class=\"sidebar-or\">or<\/div>\n\t\t<div>\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div>Jobs supported<\/div>\n\t\t\t\t<div style=\"font-size: 32px;\">1,891<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n\n<style>\n.sidebar-frame {\n\tborder: 1px solid var(--true-blue);\n\tborder-top: 20px solid var(--true-blue);\n}\n.sidebar-plus {\n\tfont-size: 42px;\n\tline-height: 1.2em;\n\tfont-weight: 600;\n\ttext-align: center;\n}\n.sidebar-or {\n\tbackground-color: white;\n\tcolor: var(--true-blue);\n\tfont-size: 24px;\n\tline-height: 1.2em;\n\tfont-weight: 600;\n\ttext-align: center;\n\ttext-transform: uppercase;\n\tmargin: 10px 0 16px;\n}\n<\/style>\n\n\n\n<div style=\"font-size:20px;background-color: #f8f8f8;padding:20px;\"><strong>One out of every 26 jobs<\/strong> in the 91ԭƬ Taxing District are supported by the activities of 91ԭƬ and its students.<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Investment analysis<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h3 class=\"wp-block-heading\">Student perspective&nbsp;<\/h3>\n\n\n\n<p>91ԭƬ\u2019s FY 2022-23 students paid a present value of $7.7 million to cover the cost of tuition, fees, supplies, and interest on student loans. They also forwent a value of $5.7 million in time and money had they been working instead of attending college.&nbsp;<\/p>\n\n\n\n<p>In return for their investment, students will receive a cumulative present value of <strong>$74.3 million <\/strong>in increased earnings over their working lives. <\/p>\n\n\n\n<p>This translates to a return of <strong>$5.60 <\/strong>in higher future earnings for every dollar students invest in their education. Students\u2019 average annual rate of return is <strong>17.9%<\/strong>.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxpayer perspective&nbsp;<\/h3>\n\n\n\n<p>Taxpayers provided 91ԭƬ with $18.6 million<strong> <\/strong>of funding in FY 2022-23. In return, they will benefit from added tax revenue, stemming from students\u2019 higher lifetime earnings and increased business output, amounting to $22.5 million. A reduced demand for government-funded services in Missouri will add another $3.1 million<strong> <\/strong>in benefits to taxpayers.&nbsp;<\/p>\n\n\n\n<p>Total taxpayer benefits amount to $25.6 million, the present value sum of the added tax revenue and public sector savings. <strong>For every dollar of public money invested in 91ԭƬ, taxpayers will receive $1.40 in return<\/strong> over the course of students\u2019 working lives. The average annual rate of return for taxpayers is 2.2%.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Social perspective&nbsp;<\/h3>\n\n\n\n<p>In FY 2022-23, Missouri invested $35.4 million to support 91ԭƬ. In turn, the Missouri economy will grow by $289.0 million, over the course of students\u2019 working lives. Society will also benefit from $12.6 million of public and private sector savings.&nbsp;<\/p>\n\n\n\n<p><strong>For every dollar<\/strong> <strong>invested in 91ԭƬ<\/strong> in FY 2022-23,<strong> people in Missouri will receive<\/strong> <strong>$8.50 in return<\/strong>, for as long as 91ԭƬ\u2019s FY 2022-23 students remain active in the state workforce.&nbsp;<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<p class=\"has-text-color has-link-color has-medium-font-size wp-elements-44fa8bee2b31ea248c94186d05a2db3e\" style=\"color:#444444\"><strong>Students see a high rate of return for their investment in 91ԭƬ<\/strong><\/p>\n\n\n\n<div class=\"investment-sidebar\" style=\"margin-bottom: 40px;\">\n\t<div style=\"margin-bottom: 20px;\">\n\t\t<div><\/div>\n\t\t<div>\n\t\t\t<div style=\"font-weight: 500;\">Average annual return for 91ԭƬ students<\/div>\n\t\t\t<div style=\"font-size: 20px;font-weight: 500;\">17.9%<\/div>\n\t\t\t<div class=\"roi-bar\" style=\"width:100%;background-color:var(--sunshine);\"><\/div>\n\t\t<\/div>\n\t<\/div>\n\t<div style=\"margin-bottom: 20px;\">\n\t\t<div><\/div>\n\t\t<div>\n\t\t\t<div style=\"font-weight: 500;\">Stock market 30-year average annual return<\/div>\n\t\t\t<div style=\"font-size: 20px;font-weight: 500;\">10.1%<\/div>\n\t\t\t<div class=\"roi-bar\" style=\"width:56.42466%;\"><\/div>\n\t\t<\/div>\n\t<\/div>\n\t<div style=\"margin-bottom: 20px;\">\n\t\t<div><\/div>\n\t\t<div>\n\t\t\t<div style=\"font-weight: 500;\">Interest earned on savings account (national deposit rate)<\/div>\n\t\t\t<div style=\"font-size: 20px;font-weight: 500;\">0.5%<\/div>\n\t\t\t<div class=\"roi-bar\" style=\"width:2.7933%;;\"><\/div>\n\t\t<\/div>\n\t<\/div>\n\t<div style=\"font-size: 14px;\">\n\t\tSource: Forbes\u2019 S&#038;P 500, 1992\u20132022;<br>\n\t\tFDIC.gov, 2\u20132022\n\t<\/div>\n<\/div>\n\n<style>\n.roi-bar {\n\tbackground-color: #999;\n\theight: 10px;\n}\n<\/style>\n\n\n\n<div class=\"roi-sidebar sidebar-frame\">\n\t<div style=\"padding: 20px;\">\n\t\t<div style=\"font-size: 20px;font-weight: 600; text-align: center; color:var(--true-blue);\">For every $1&hellip;<\/div>\n\t\t<hr  \/>\n\t\t<div style=\"margin-bottom: 20px;\">\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div><strong>Students<\/strong> gain in lifetime earnings<\/div>\n\t\t\t\t<div style=\"font-size: 32px;font-weight: 500;color: var(--true-blue);\">$5.60<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div style=\"margin-bottom: 20px;\">\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div><strong>Taxpayers<\/strong> gain in added tax revenue and public sector savings<\/div>\n\t\t\t\t<div style=\"font-size: 32px;font-weight: 500;color: var(--true-blue);\">$1.40<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div>\n\t\t\t<div><\/div>\n\t\t\t<div>\n\t\t\t\t<div><strong>Society<\/strong> gains in added income and social savings<\/div>\n\t\t\t\t<div style=\"font-size: 32px;font-weight: 500;color: var(--true-blue);\">$8.50<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of Investment Analysis Results<\/h2>\n\n\n\n<div class=\"investment-summary\">\n\t<div>\n\t\t<h2>Student perspective<\/h2>\n\t\t<div class=\"roi-data-col\">\n\t\t\t<div class=\"breakdown-heading\">Present value benefits<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 10px;\"><strong>$74.3<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-heading\">Present value costs<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 10px;\"><strong>$13.3<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-heading\">Net present value<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 20px;\"><strong>$60.9<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-container\">\n\t\t\t\t<div>\n\t\t\t\t\t<div class=\"breakdown-heading-container breakdown-heading\">Benefit-cost ratio<\/div>\n\t\t\t\t\t<div class=\"summary-total\">5.6<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div>\n\t\t\t\t\t<div class=\"breakdown-heading-container breakdown-heading\">Rate of return<\/div>\n\t\t\t\t\t<div class=\"summary-total\">17.9%<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t<div>\n\t\t<h2>Taxpayer perspective<\/h2>\n\t\t<div class=\"roi-data-col\">\n\t\t\t<div class=\"breakdown-heading\">Present value benefits<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 10px;\"><strong>$25.6<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-heading\">Present value costs<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 10px;\"><strong>$18.6<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-heading\">Net present value<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 20px;\"><strong>$6.9<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-container\">\n\t\t\t\t<div>\n\t\t\t\t\t<div class=\"breakdown-heading-container breakdown-heading\">Benefit-cost ratio<\/div>\n\t\t\t\t\t<div class=\"summary-total\">1.4<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div>\n\t\t\t\t\t<div class=\"breakdown-heading-container breakdown-heading\">Rate of return<\/div>\n\t\t\t\t\t<div class=\"summary-total\">2.2%<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t<div>\n\t\t<h2>Social perspective<\/h2>\n\t\t<div class=\"roi-data-col\" style=\"border: 0;\">\n\t\t\t<div class=\"breakdown-heading\">Present value benefits<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 10px;\"><strong>$301.5<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-heading\">Present value costs<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 10px;\"><strong>$25.4<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-heading\">Net present value<\/div>\n\t\t\t<div class=\"summary-total\" style=\"margin-bottom: 20px;\"><strong>$266.1<\/strong> million<\/div>\n\t\t\t<div class=\"breakdown-container\">\n\t\t\t\t<div>\n\t\t\t\t\t<div class=\"breakdown-heading-container breakdown-heading\">Benefit-cost ratio<\/div>\n\t\t\t\t\t<div class=\"summary-total\">8.5<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div>\n\t\t\t\t\t<div class=\"breakdown-heading-container breakdown-heading\">Rate of return<\/div>\n\t\t\t\t\t<div class=\"summary-total\">n\/a<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<style>\n.investment-summary {\n\tdisplay: grid;\n\tgrid-template-columns: 1fr 1fr 1fr;\n\tborder-top: 18px solid var(--true-blue);\n\tcolor: var(--true-blue);\n\tmargin-bottom: 40px;\n}\n.investment-summary h2 {\n\tfont-size:16px;\n\ttext-align: center;\n\tborder-top: 2px solid var(--true-blue);\n\tborder-bottom: 1px solid var(--true-blue);\n\tpadding: 10px 5px;\n}\n.investment-summary .roi-data-col {\n\tborder-right: 1px solid var(--true-blue);\n\ttext-align: center;\n\tpadding: 0 10px;\n}\n.investment-summary .breakdown-container {\n\tdisplay: grid;\n\tgrid-template-columns: 1fr 1fr;\n\tgap: 4px;\n}\n.investment-summary .breakdown-heading-container {\n\tbackground-color: var(--true-blue);\n\tcolor: white;\n\ttext-align: center;\n\tpadding:6px;\n}\n.investment-summary .breakdown-heading {\n\tfont-size: 14px;\n\tfont-weight: 500;\n}\n.investment-summary .summary-total {\n\tfont-size: 24px;\n\tfont-weight: 500;\n}\n@media (max-width:680px) {\n  .investment-summary {\n    grid-template-columns: 1fr;\n    gap:20px;\n  }\n  .investment-summary .roi-data-col {\n    border-right: 0px;\n  }\n}\n\n<\/style>\n\n\n\n<h2 class=\"wp-block-heading\">Links<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ECC-Economic-Impact-Study-Fact-Sheet.pdf\">Fact Sheet<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ECC-Economic-Impact-Study-Executive-Summary.pdf\">Executive Summary<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/ECC-Economic-Impact-Study-Main-Report.pdf\">Complete Report<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"1024\" src=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary-620x1024.jpg\" alt=\"Culinary arts student smiling and stirring food in pan\" class=\"wp-image-1020\" style=\"width:267px;height:auto\" srcset=\"https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary-620x1024.jpg 620w, https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary-182x300.jpg 182w, https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary-768x1268.jpg 768w, https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary-931x1536.jpg 931w, https:\/\/www.eastcentral.edu\/about-ecc\/wp-content\/uploads\/sites\/34\/2025\/01\/eis-culinary.jpg 936w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p><em>The results of this study demonstrate that 91ԭƬ creates value from <\/em><strong><em>multiple perspectives<\/em><\/strong><em>.&nbsp;<\/em><\/p>\n\n\n\n<p>The college benefits regional businesses by increasing consumer spending in the region and supplying a steady flow of qualified, trained workers to the workforce. 91ԭƬ enriches the lives of students by raising their lifetime earnings and helping them achieve their individual potential. The college benefits state and local taxpayers through increased tax receipts and a reduced demand for government-supported social services. <\/p>\n\n\n\n<p>Finally, 91ԭƬ benefits society as a whole in Missouri by creating a more prosperous economy and generating a variety of savings through the improved lifestyles of students.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">About the study<\/h3>\n\n\n\n<p>Data and assumptions used in the study are based on several sources, including the FY 2022-23 academic and financial reports from 91ԭƬ, industry and employment data from the U.S. Bureau of Labor Statistics and U.S. Census Bureau, outputs of Lightcast\u2019s Multi-Regional Social Accounting Matrix model, and a variety of studies and surveys relating education to social behavior. The study applies a conservative methodology and follows standard practice using only the most recognized indicators of economic impact and investment effectiveness. For a full description of the data and approach used in the study, please contact the college for a copy of the main report.&nbsp;<\/p>\n\n\n\n<p>Inquiries about the report can be sent to Dr. Jon Bauer, president, 91ԭƬ. <a href=\"mailto:Jon.Bauer@eastcentral.edu\">Jon.Bauer@eastcentral.edu<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">91ԭƬ Rolla<\/h2>\n\n\n\n<p>91ԭƬ Rolla influences both the lives of its students and the regional economy. The campus supports a variety of industries in the 91ԭƬ Rolla Service Region, serves regional businesses, and benefits society as a whole in Missouri from an expanded economy and improved quality of life.&nbsp;<\/p>\n\n\n\n<p><a class=\"ecc-button\" href=\"https:\/\/www.eastcentral.edu\/rolla\/economic-impact\/\">Explore full economic impact of 91ԭƬ\u2013Rolla &nbsp;<i class=\"fa-sharp fa-solid fa-right-long\"><\/i><\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<svg class=\"alignleft\" style=\"max-width:100px;\" viewBox=\"0 0 200 200\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"hidden xl:block w-44 h-[var(--navHeight)]\"><path d=\"M180.772 90.5001H135.579V0L90.3858 45.25V135.75L45.1929 135.75V90.5001L0 135.75V181H45.1929L90.3858 135.75H135.579L180.772 90.5001Z\" fill=\"#F54562\" class=\"fill-lc-red-sailor\"><\/path><\/svg>\n\n\n\n<p style=\"font-size:14px\"><strong>Lightcast<\/strong> provides colleges and universities with labor market data that help create better outcomes for students, businesses, and communities. Their data, which cover more than 99% of the U.S. workforce, are compiled from a wide variety of government sources, job postings, and online profiles and r\u00e9sum\u00e9s. Hundreds of institutions use Lightcast to align programs with regional needs, drive enrollment, connect students with in-demand careers, track their alumni\u2019s employment outcomes, and demonstrate their institution\u2019s economic impact on their region. Visit <a href=\"https:\/\/www.lightcast.io\/solutions\/education\">lightcast.io\/solutions\/education<\/a> to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>in added income to the 91ԭƬ taxing district The 91ԭƬ Taxing District Economic impact analysis In FY 2022-23, 91ԭƬ added $110.9 million in income to the 91ԭƬ Taxing District* economy, a value approximately equal to 2.7% of the region\u2019s total gross regional product (GRP). Expressed in terms of jobs, 91ԭƬ\u2019s impact supported 1,891 jobs. For [&hellip;]<\/p>\n","protected":false},"author":98,"featured_media":1047,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template\/template-full-page.php","meta":{"_eb_attr":"","footnotes":""},"yst_prominent_words":[],"class_list":["post-958","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/pages\/958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/users\/98"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/comments?post=958"}],"version-history":[{"count":158,"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/pages\/958\/revisions"}],"predecessor-version":[{"id":1587,"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/pages\/958\/revisions\/1587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/media\/1047"}],"wp:attachment":[{"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/media?parent=958"}],"wp:term":[{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.eastcentral.edu\/about-ecc\/wp-json\/wp\/v2\/yst_prominent_words?post=958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}