Economic Impact of a KC
CCBenefits, Inc. conducted
an economic impact study
of the effect Kaskaskia
College has on the local economy,
and the economic effect for
students completing programs at
the College. The following are a
few of the most compelling
Economic Impact of Kaskaskia
- Annual state and local
government support for KC will
be fully recovered in 8.9 years.
- State and local government will
see an annual rate of return of
14.7 percent on their financial
tax support for KC.
- For every dollar KC pays in
salaries, there is another 31 cents
or 31 percent generated in the
district; which is the multiplier.
- KC programs are critical for
recruiting new businesses,
expanding current businesses,
and for creating long-term
- It is estimated the region
embodies over one million
credit/non-credit hours earned at
- KC is considered the “Engine for
Economic Impact on KC Graduates:
- After successfully completing a
program at KC, the average student
will spend 35.8 years in the
workforce, and he/she will earn
$379,982 more than someone with
just a high school diploma or GED.
- The average annual earnings of
someone with an Associate Degree
is $39,763, or 36.4 percent more
per year than someone with just a
high school diploma or GED.
- Students enjoy an attractive 30.4
percent rate of return on their KC
educational investment, and they
recover all educational costs in 4.9
- KC graduates have earned
$123.76 million that has caused an
additional $91.56 million in other
industries increased sales.
- 80 percent of all KC students are
employed full or part time.
- 73 percent of KC students stay in
the region and contribute to the
local economy after graduation.
- Nationally, individuals with
higher levels of education have
lower unemployment rates. In
2010, the unemployment rates are
- 14.9% with less than a high
- 10.3% for high school
- 9.2% for individuals with
- 7.0% with an Associate