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Economic Impact Studies: A Traditional Method and an Expanded Approach
Authors:Dr Thomas G Owings
Institution:Institute of Higher Education Research and Services , The University of Alabama , University , USA
Abstract:Abstract

Two studies of the economic impact of the college on the community were conducted at two very different colleges in Alabama. The method employed at a private, predominantly black, four-year accredited liberal arts college also included an investigation of the human development impact of the college on the community, which was not investigated at the other college, a public, predominantly white, two-year accredited junior college. The findings from both studies suggest that the most meaningful impact studies should try to measure and consider human as well as economic factors.
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