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Economic Impact Study
Economic Impact Study
A study on the economic impact of JJC was prepared by
the Northern Illinois University Center for Governmental Studies along with a report
on the state community college system for the Illinois Community College Board (ICCB).
There are many compelling facts in the economic study that
detail the college's impact on its district's residents and local economies.
Highlights include:
- Nearly 75 percent of area employers hired a JJC student at some point over the past
10 years.
- A 25-year-old JJC graduate can expect total lifetime earnings of $2.1 million, which
is 75 percent more than the projected $1.2 million total lifetime earnings if they
had not completed the program.
- On average, all students who completed their education in fiscal year 2005 and worked
year-round saw a 35 percent increase in earnings over their pre-enrollment wages.
According to the study, JJC graduates employed full time averaged $36,160 in annual
earnings after completing their programs of study.
"This is proof positive that JJC and its graduates add skills to the area's workforce
and boost the competitiveness of local businesses," Ryan Smith, Vice President of
Institutional Advancement and Research, said. "This is more than just statistical
research — it’s an affirmation of the positive impact that JJC has on the community."
Economic Impact Report and Media
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