Reflects FY 2020-21 SEPTEMBER
2O22
The Economic Value of Independence Community College About ICC
1,133
133
Credit students
Employees
Economic impact analysis Alumni impact
$13.1 million
Impact of the increased earnings of ICC alumni and the businesses they work for
Added income
357 Jobs supported
An economic boost similar to hosting the World Series
2x
ICC Service Area
OR
Operations spending impact Impact of annual payroll and other spending
$7.7 million
135
Jobs supported
Added income Enough to buy
228 new cars
35
jobs in the ICC Service Area is supported by the activities of ICC and its students
36++262U 36 ICC total annual impact
Added income
Added income
32
502
OR
$400.8 thousand
Enough to buy families* a year’s worth of groceries = 10 jobs
out of every
$21.2 million
OR
Student spending impact Impact of the daily spending of ICC students attracted to or retained in the region
1
OR
10
Jobs supported
* = family of four
Jobs supported
Investment analysis For every $1…
$10.21
$4.00
Students gain in lifetime earnings
Society gains in added income and social savings
$6.1 million
in added tax revenue and public sector savings
$19,300 $23,900 $26,800 $30,600
43+556170+100
< High school
Taxpayers gain
The average associate degree graduate from ICC will see an increase in earnings of $6,700 each year compared to someone with a high school diploma working in Kansas.
High school
Certificate Associate
Bachelor's
Sources: Lightcast Economic Impact Study; http://www.chicagotribune.com/news/opinion/commentary/ct-world-series-host-cities-economy-20151103-story.html; http://www.usatoday.com/story/money/cars/2015/05/04/new-car-transaction-price-3-kbb-kelley-blue-book/26690191/; http://www.usatoday.com/story/news/nation/2013/05/01/grocery-costs-for-family/2104165/
$42,100