WASHINGTON’S COMMUNITY AND TECHNICAL COLLEGES
ECONOMIC
IMPACT
Business Perspective
Raising Consumer Spending
• Washington’s community and technical colleges employed
15,978 FTE faculty and staff in the 2009-10 reporting year,
with an annual payroll of $1.1 billion.
• In addition to payroll, the colleges spent $1.2 billion in FY
2009-10 for supplies and services, of which an estimated
68% was spent in Washington.
• An estimated 2% of students attending Washington’s community and technical colleges were international students.
These students spend money at state businesses for food,
transportation, and other personal expenses.
Generating New Income
• The net added income generated by the operations of Washington’s community and technical colleges ($746.6 million)
and the spending of international students ($75.9 million)
contributes a total of $822.4 million in income to the Washington economy each year.
Added Income in Washington ($ Millions)
Produc-
Spending
tivity
effect,
• The increased productivity of workers due to the accumulation of past and present skills from Washington’s community
and technical colleges in the state workforce creates approximately $10.2 billion in added income each year.
effect,
$822.4
$10,225.9
Creating a Skilled Workforce
• The activities of Washington’s community and technical colleges encourage new business, assist existing business, and
create long-term economic growth. The colleges enhance
worker skills and provide customized training to local business and industry.
• An estimated 84.5 million credits from Washington’s community and technical colleges have accumulated in the Washington workforce over the past 30-year period as former students from the colleges (completers and non-completers)
enter the state workforce each year.
Projected 2020 Jobs by Education Level in
Washington
Graduate
Bachelor's
Associate's
Postsecondary award
Work experience
Long-term training
Moderate-term training
Short-term training
EMSI is a leading provider of socioeconomic impact and strategic planning tools to community
and technical colleges in the US and Canada. Visit us at www.economicmodeling.com for
more information. To see full documentation of the study, please contact SBCTC.
0%
10%
20%
Percent of Jobs
JANUARY 2011
W W W. E C O N O M I C M O D E L I N G . C O M
8 6 6 . 9 9 9 . 3 6 74
30%
40%