Coastal Bend College impacts regional economic growth

Education increases lifetime income. The average career midpoint annual income of someone in the Coastal Bend College service area with an associate’s degree is $33,800.

 CBC Institutional Research Director Randy Lindeman has invited representatives from Economic Modeling Specialist, Inc. to present the Economic Impact Study on Sept. 21, 11 a.m. to 1:30 p.m. at Coastal Bend College in the R.W. Dirks Building, room V-119. CBC is located at 3800 Charco Road in Beeville.

 The study was done to analyze the investment effectiveness and economic growth of the region as a result of the college. The extensive study showed that CBC is a sound investment for students and taxpayers. The college enriches the lives of students and increases incomes. The enlarged economy and reduced need for social services are a benefit to taxpayers.

 The state will avoid social services costs amounting to $1 million per year due to CBC students, including savings associated with improved health and reduced crime, welfare and unemployment.

 The presentation is open to the public. Box lunches will be served to those who RSVP by Sept. 20 to Amberlee Johnson at (361) 354-2348 or johnsona@coastalbend.edu.

 For additional information about the college, go to www.coastalbend.edu.

 

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