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An edition of the
677 South 7th Street (2 blocks from the Post Office) | (541) 884-SOAR (7672) | EagleRidgeHigh.com
Herald and News
November 7, 2013
Number 10, Volume 33
! E E R F
3350 S 6th St 541-884-7102
2117 South 6th St Klamath Falls, OR 97601
(541)883-2292 www.klamathfallsnickel.com
“Ye have need of patience, that, after ye have done the will of God, ye might receive the promise.” Hebrews 10:36
KLAMATH COMMUNITY COLLEGE
ECONOMIC IMPACT 2007 Ford Edge Sel Plus 4 DR, 6 Cyl., Auto, 3.5 L, AWD #10281
$15,495
Klamath Community College plays a significant role in the local economy and is a sound investment from multiple perspectives. Students benefit from improved lifestyles and increased earnings. Taxpayers benefit from a larger economy and lower social costs. Finally, the community as a whole benefits from increased job and investment opportunities, higher business revenues, greater availability of public funds, and an eased tax burden.
INVESTMENT ANALYSIS Student Perspective
• The average KCC student’s income increases by $11.40 for every dollar invested in KCC. • Students enjoy an attractive 27.0% average rate of return on their KCC educational investment, recovering all costs in 6.2 years. Social Perspective • Higher earnings of KCC students and associated increases in state income expand the tax base in Oregon by about $10.9 million each year.
2004 Chevy Silverado 2500HD Crew Cab LS, 8 Cyl, Auto, 6.6L, 4WD, Diesel #10307
$18,000
• Oregon will see avoided social costs amounting to $616,300 per year due to improved health, reduced crime, and reduced welfare and unemployment. Taxpayer Perspective •For every dollar of support, taxpayers see a return of $2.70 (in the form of higher tax receipts and avoided costs). • State and local governments see an annual rate of return of 8.9% on their support for KCC. *Note: All statistics taken from The Economic Contribution of Klamath Community College, a 2012 report conducted by Economic Modeling Specialists, Inc. For a copy of the full report, contact KCC at 541-882-3521.
2003 Ford Super Duty F250 6 Speed, Supercab XL, 4WD, 7.3L, Diesel #10296
$17,500
KLAMATH COMMUNITY COLLEGE www.KlamathCC.edu 541-882-3521