Delgado Community College Cit Park Campus City Camp s
Delgado g Communityy College g Todayy â€˘ Delgado Community College has an enrollment of 17,208 as of Spring p g 2010. â€˘ Delgado is growing. growing Enrollment saw a yearover-year y increase of 17.2% from Spring 2009.
Delgado g is Growing g • Enrollments at satellite locations are growing fastest— a 14.6% jump at the West Bank C Campus and d 26.2% 26 2% increase i att the th Northshore location, compared to the previous p e ous acade academic c year. yea . • The 4 metro locations of the Louisiana Technical College (Region 1) are currently being integrated into the Delgado Community College network. network
GCR & Associates, Inc.
DELGADO ECONOMIC IMPACT ASSESSMENT
Responding to the Needs of Business Community
An Engine g of Growth Delgado Community College plays an essential role l iin both b th presentt and d future f t economic i activity ti it in the New Orleans region and throughout the State of Louisiana. • $12.48 Return for Every $1 the State of Louisiana invests in Delgado. g • $451.1 million in total economic impact in 2009. • $167.3 million in labor income generated. • 6,996 employment positions supported metro wide.
Impact p is Significant g The impact of all Delgado graduates contributes substantially to the economyâ€” and that impact grows economy more significant with each successive year. Delgado D l d students t d t earned d1 1,063 063 training certificates and associate degrees in the 2007 â€“ 2008 academic year,, according y g to Institutional Research. 895 students earned awards in Technical Competency Areas preparing them for work in a skilled trade.
Value of a Delgado g Education The impact of a Delgado education for our graduates and the regional economy is significant. significant â€˘
5 years of Delgado graduates fill an estimated 6,796 job openings in the New Orleans Metropolitan Area in 2009. 2009
Delgado graduates earned an additional $86.2 million in wages in 2009.
Delgado graduates had an economic impact that generated approximately $81.1 million in wages in the broader metropolitan economy. economy
Delgado’s g Cityy Park Campus p Profile • 10,711 City y Park students in Spring 2010 – 18% increase between 2009 and 2010 alone – 520 faculty and staff are employed at Delgado’s City Park Campus.
Economic Impact of West Bank Location on Metropolitan Economy •
The economic impact of the Delgado system is generated by it spending its di th throughout h t the th metropolitan t lit area. With record d enrollment & student spending, the economic impact to the region & Orleans Parish will continue to increase.
Spending associated specifically with Delgado’s City Park Campus constitutes a substantial share of Delgado’s impact on the greater g metro economy, y, with much of this impact p captured within Orleans Parish.
Total Economic Impact p Total Employment Supported
$279,180,016 $ 4,329
* Economic Impact is determined using Bureau of Economic Analysis RIMS II multipliers. These figures represent the impact of spending on the 7‐parish metropolitan area economy. The share of spending attributed to the West Bank location is determined by estimating per pupil spending and the West Bank location’s share of unduplicated total enrollment in Spring of 2008.
Impact of Delgado Education for Orleans Workforce •
Five years of Delgado graduates from all over the New Orleans region will fill an estimated 2,278 2 278 of the 75 75,117 117 (Q1 2009) jobs in Orleans Parish.
These graduates working in the New Orleans area will earn $29.8 million illi more thi this year th than th they would ld h have without ith t the th training t i i and education they received at Delgado.
greater wages g will have an additional estimated economic These g impact of $36.7 million on the metropolitan area economy, with the majority of this impact captured in Orleans Parish.
The combination of these additional wages and their economic impact represents a cumulative benefit of $66.5 million to the metropolitan economy.
* The number of Delgado graduates working in Orleans Parish is determined by the share of MSA employment represented in The number of Delgado graduates working in Orleans Parish is determined by the share of MSA employment represented in Orleans Parish(33.5% ‐ LA Workforce Commission ‐ Q1 2009). The additional wages earned are calculated using Bureau of Labor Statistic wage data. The impact on of those additional wages on the MSA economy is measured using Bureau of Economic Analysis RIMS II multipliers.
Delgado g Todayy & Tomorrow •
Almost four years after Hurricane K ti Katrina, Delgado D l d continues ti to t be b an economic engine in the region’s recovery, as well as an institution responsive to the needs off area residents id t and d iindustry. d t
5 years of Delgado graduates fill an estimated 6,796 , jjob openings p g in the New Orleans Metropolitan Area in 2009.
While Delgado is dedicated to the continuing education and training programs that drive the economy, the institution is already adapting to the workforce demands of the years ahead.
Tomorrow’s New Orleans Workforce Delgado invites you to partner with us to produce graduates that work and live in our community! it ! Paid apprenticeship programs = Higher student retention Experiential learning = Experiential learning = Rapid return on investment
Published on Jul 6, 2010