News Releases
News from
Lane Community College, Eugene, Oregon
Public information officer: Joan Aschim, (541) 463-5591, aschimj@lanecc.edu
or Craig Taylor,Institutional Research, Assessment and Planning, (541)
463-5364
for release July 19, 2002
Taxpayers reap 18.9 percent return on dollars invested in LCC
EUGENE - Taxpayers
see a return of 18.9 percent on their annual investment in Lane Community
College, according to a recent socioeconomic benefits study conducted
for Oregon community colleges. The study was presented to Lane's Board
of Education on Wednesday.
The analysis shows that every $1 of tax money invested in Lane returns
a cumulative $19 over the next 30 years. Students enjoy an even better
return of 20 percent on their investment of time and money. For every
$1 students invest, they receive a cumulative $4.99 in higher future earnings
over the next 30 years. In addition, a community college education improves
individual lives and lessens the demand on state-supported health services,
welfare and unemployment benefits, and public safety services, says the
report.
Copies of the study are available from the President's Office at Lane
Community College at (541) 463-5200.
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