Facts to Consider
Are you evaluating an investment in MiraCosta College? Here are some facts to consider about the role of community colleges.
- Providing Access to Higher Education. Research shows that those who transfer from a community college to a four-year college or university earn grade point averages equal to or higher than students who start as freshmen at four-year institutions.
- Educating a Majority of California's Undergraduates. Thirty percent of the state's residents, ages 18 to 24, are enrolled in a community college. A third of the graduates from the University of California system and two-thirds of California State University system graduates transferred from community colleges. More than half of the California military veterans receiving G.I. Bill educational benefits attend a community college.
- Investing in Education Pays. Community colleges serve the state's lowest-income students. Investing in this population's education helps the economy because just a 2% increase in the share of the population with an associate's degree, combined with a 1% increase in the share with a bachelor's degree, results in $20 billion in additional economic input, $1.2 billion more in state and local tax revenues annually, and 174,000 new jobs.
- Community Benefits. For every dollar California invests in student education, its economy receives a $3 return. Students who earn a degree or certificate see an 86% increase in their wages three years after earning their degree.