Through education, MCC works to:
- build a stronger, better educated workforce
- attract the talented people we need to run our businesses, educational and cultural institutions and our many nonprofits
- attract and retain high-quality employers
- reduce crime, incarcerations and welfare costs
- support the local economy
- enhance the quality of life for all of us—the entire community
Building our economy
A 2013 economic impact study by Ernie Goss & Associates quantifies just how much MCC’s activities benefit our four-county service area and beyond. A few highlights:
- Brain gain. When students take classes at MCC, earn a certificate or graduate with a degree,
Nebraska’s economy benefits.
- In 2012, MCC added $93.8 million to the economy via “brain gain.”
- Seventy-four percent of MCC graduates stay in Nebraska to work.
- Area attractiveness. The presence of training and higher education programs increase the attractiveness of the community and encourage the startup and/or relocation of other businesses in the state, influencing growth in
- Unemployment. The presence of MCC reduces unemployment in one of Omaha’s most economically
- Jobs. MCC supports directly and indirectly about 5,275 jobs in the state.
Strengthening our community
MCC believes in providing the best education for the best value to our service area. The 2013 economic impact study revealed that MCC's benefits to Nebraska taxpayers are extensive.
A good investment for taxpayers
MCC derives its funds from tuition, state aid and property tax. Through its operations and educational programs, MCC generates economic benefits that flow back to taxpayers, businesses and communities in excess of the initial investment.
- Every dollar of tax money invested in MCC today will return $3.50 in the future.
- Nebraska taxpayers recover their financial support for MCC students in about two years.
- MCC operations generated more than $30.1 million in state and local taxes in 2012.
- In 2012, MCC generated $529.1 million in sales or business volume for the entire state of Nebraska.
MCC’s commitment to keeping costs down has allowed it to offer affordable tuition rates.
- Between 1980 and 2012, MCC’s tuition grew at one-third the rate of U.S. postsecondary institution.
- As a result of MCC's delivery of education to more and more credit and noncredit students with only modest increases in MCC's staffing, MCC has grown its tuition and related expenses at a much slower pace that its counterparts in Nebraska and the nation.
Supporting our families
MCC is committed to offering the community affordable, accessible and quality education. For many local residents, MCC’s programs are a means to increased self-sufficiency for themselves and their families.
MCC's educational support to students:
- Sixty percent are part-time
- Average age is 28.8
- More than 50 percent are women
- More than 20 percent are minorities
- More than 70 percent of graduates remain in Nebraska to work
MCC provides the skills and education employers need now and in the future—leading, in turn, to better jobs
for area residents.
- MCC students graduate with the lowest debt burden compared to any other schools in the state.
- Every hour of credit classes boosts the income of an MCC student by $159 per year.
- Students with an associate degree earned an average of $38,272 per year in 2012 compared to $33,696 for high school graduates and $24,128 for high school dropouts.
- On average, MCC graduates earned $37,011 for 2011, $577 greater than the Nebraska average.
For more details on MCC's economic impact, read the full 2013 report.