What will the taxpayer get in return for supporting the community college?
Aside from the educational and workforce training opportunities provided locally, the College has a direct economic impact on the local economy. A study commissioned by the State of Oregon shows that taxpayers see a real money “book” return of 25.7% on their annual investment in Oregon Coast Community College and recover all investments in 5.2 years. OCCC pays 1.7 million in direct faculty and staff wages and salaries, and accounts for an additional 7 million in wages and salaries off campus. Students receive an attractive 30% annual return on their investment and time and money for every $1 the student invests in OCCC, he or she will receive a cumulative $5.86 in higher future earning over the next 30 years. Furthermore, it is documented that the State of Oregon benefits from improved health and reduced welfare, unemployment and crime, saving 0.4 million per year. The full report (“The Socioeconomic Benefits Generated by Oregon Coast Community College”) is available for public review