March 01, 2019

Independent Assessment of the Economic Impacts of the Florida College System



Florida TaxWatch partnered with the Association of Florida Colleges and the (then) Chancellor of the Florida College System (FCS) to use grant funding from The Helios Education Foundation for an independent, evidence-based analysis to compare the performance of the Florida College System to community colleges in other states. The analysis also sought out to quantify the economic impact of an FCS degree in terms of both personal earnings and economic value to the state. This report incorporated the REMI model to forecast the direct, indirect, and induced economic impacts of the FCS and to calculate Florida’s return on investment. The assessment found increased expected worklife earnings, significant return on the state’s investments, and increased job numbers for Florida’s workforce.

Florida TaxWatch – Independent Assessment of the Economic Impacts of the Florida College System [full PDF]