Summarizes the results of a statewide economic impact analysis of Maryland's 17 community colleges which revealed that expenditures had positive short-range and long-range impacts on the state economy in the areas of business, general employment, and increased student earning potential. Presents suggestions for conducting impact studies. (MB)

The short-term impacts of public community colleges upon the business and government sectors of Maryland's economy were measured through a series of linear cash-flow formulas. In 1976-77, total direct and indirect expenditures attributable to the 17 colleges in areas of salaries, purchase of materials, and capital building improvements were almost…

Designed as a tool for colleges and the State Board for Community Colleges in Maryland to update economic impact data on a regular basis, this manual describes sources of impact information, and how the information can be used in economic equations. Part I of the manual describes how values for short-term economic impacts of community college…