According to a new study, SUNY Westchester Community College creates a significant positive impact on the business community and generates a return on investment to its major stakeholder groups – students, taxpayersand society. An independent analysis calculated the fiscal year 2021-22 impact at $585.6 million in income to the Westchester County economy, supporting over 5,800 jobs.
SUNY WCC has been providing Westchester’s residents with accessible, high quality and affordable education since 1946, preparing students with the skills required to fill high-demand fields that drive the local economy. This study, sponsored by the Westchester Community College Foundation, was a way to quantify the significance and efficacy of these efforts across Westchester County.
The economic impact study revealed benefits for multiple stakeholders and beneficiaries:
“SUNY WCC has a long-standing reputation for providing a valuable contribution to its students and the region,” said Dr. Belinda Miles, president of SUNY Westchester Community College. “For example, SUNY WCC ranked 21st nationally of two-year colleges in terms of upward mobility. This economic impact analysis quantifies the extent to which the college benefits its students, taxpayers, and the entire region.”
“This analysis illustrates what a vital resource SUNY WCC is to our students, the people of Westchester County, and the entire state of New York,” said Dr. LeRoy Mitchell, SUNY Westchester Community College Board of Trustees Chair. “With such a significant increase in lifetime earnings for our graduates, students should consider a SUNY WCC education a wise investment in themselves.”
This analysis was conducted by Lightcast, a leading provider of economic impact studies and labor market data to educational institutions, workforce planners, and regional developers in the U.S. and internationally.
To learn more about the economic impact of SUNY Westchester Community College, please visit www.sunywcc.edu/economic-impact.
