[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-585221-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-585221-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","the-economic-value-of-the-maine-community-college-system-fy-2024-25","The Economic Value of the Maine Community College System - FY 2024-25","","Measures the economic impacts created by the Maine Community College System (MCCS) on Maine’s business community and the benefits generated in return for investments by key stakeholders: students, taxpayers, and society. Using employee, student, and financial data for fiscal year 2024-25, the report presents two analyses: economic impact and investment analysis. Results quantify added income from operations, construction, student spending, and alumni effects, including jobs supported across the state economy.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/the-economic-value-of-the-maine-community-college-system-fy-2024-25/585221/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/the-economic-value-of-the-maine-community-college-system-fy-2024-25/585221.png","ImageObject",300,407,{"name":42,"@type":43},"Aria Callaghan","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-01","2026-10-15",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",7,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What does the study measure about MCCS for FY 2024-25?","Question",{"text":63,"@type":64},"It measures MCCS’s economic impacts on Maine’s business community and the benefits generated for students, taxpayers, and society during fiscal year 2024-25.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How is the economic impact broken down in the analysis?",{"text":68,"@type":64},"The economic impact analysis includes operations spending, construction spending, student spending, and alumni impact, with results reported as added income and jobs supported.",{"name":70,"@type":61,"acceptedAnswer":71},"What is the total economic impact MCCS added to Maine’s economy?",{"text":72,"@type":64},"MCCS added $1.0 billion in income to the Maine economy during the analysis year, equivalent to the combined impacts described in the report.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},585221,1792230474,{"code":4,"msg":82,"data":83},"success",[84,88,92,96,101,106,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":93,"show_sort_weight":94,"slug":95},"Exam",70,"exam",{"id":97,"doc_module":4,"doc_module_name":25,"category_name":98,"show_sort_weight":99,"slug":100},5,"Comic",60,"comic",{"id":102,"doc_module":4,"doc_module_name":25,"category_name":103,"show_sort_weight":104,"slug":105},6,"Technology",50,"technology",{"id":55,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":112,"slug":113},8,30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":97,"slug":129},19,"General","general",{"code":4,"msg":82,"data":131},{"doc_id":79,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":111,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":111,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":117,"preview_page_count":4},962084926284,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","Executive Summary PUBLISHED JANUARY 2026  \nThe Economic Value of the  \nMaine Community College System  \nReflects  \nFY 2O24 –25  \nT HE MAINE COMMUNITY COLLEGE SYSTEM 1 (MCCS) creates value in  \nmany ways. The colleges play a key role in helping students increase their employability and achieve their individual potential. The colleges draw students to the state, generating new dollars and opportunities for Maine. The colleges provide students with the education, training, and skills they need to have fulfilling and prosperous careers. Furthermore, the colleges are places for students to meet new people, increase their self-confidence, and promote their overall health and well-being.  \nMCCS influences both the lives of students and the state economy. The colleges support a variety of industries in Maine, serve businesses in the state, and benefit society as a whole in Maine from an expanded economy and improved quality of life. Additionally, the benefits created by MCCS extend to the state and local government through increased tax revenues and public sector savings.  \nThe State of Maine  \nThis study measures the economic impacts created by MCCS on the business community and the benefits the colleges generate in return for the investments made by their key stakeholder groups—students, taxpayers, and society. The following two analyses are presented:  \n Economic impact analysis  \n Investment analysis  \nMCCS influences both the lives of its students and the county economy.  \nAll results reflect employee, student, and financial data, provided by MCCS and the colleges, for fiscal year (FY) 2024-25. Impacts on the Maine economy are reported under the economic impact analysis and are measured in terms of added income. The returns on investment to students, taxpayers, and society in Maine are reported under the investment analysis.  \n1 The Maine Community College System includes Central Maine Community College, Eastern Maine Community College, Kennebec Valley Community College, Northern Maine Community College, Southern Maine Community College, Washington County Community College, and York County Community College.  \nIntroduction 2  \nEconomic impact analysis  \nMCCS promotes economic growth in Maine through its direct expendituresand the resulting expenditures of students and businesses in the state. The colleges serve as employers and buyers of goods and services for their day-to-day and construction operations. The colleges’activities attract students from outside Maine, whose expenditures benefit state vendors. In addition, the colleges are primary sources of higher education to Maine residents and suppliers of trained workers to state industries, enhancing overall productivity in the state workforce.  \nOperations spending impact  \nMCCS adds economic value to Maine as an employer of state residents anda large-scale buyer of goods and services. In FY 2024-25, the colleges  \nemployed 1,760 full-time and part-time faculty and staff, 95% of whom lived in Maine. Total payroll at MCCS was $115.2 million, much of which was spent in the state on groceries, mortgage and rent payments, dining out, and other household expenses. In addition, the colleges spent $65.8 million on expenses related to facilities, supplies, and professional services (excluding construction) .  \nThe colleges’ operations spending added $123.3 million in income to the state during the analysis year. This figure represents the colleges’ payroll, the multiplier effects generated by the in-state spending of the colleges and their employees, and a downward adjustment to account for funding that the colleges received from state sources. The $123.3 million in added income is equivalent to supporting 1,706 jobs in the state.  \nConstruction spending impact  \nThe colleges invest in construction each year to maintain facilities, create additional capacities, and meet growing educational demands. While the  \namount varies from year to year, these quick infusions of income and jobs h","cbCaimB8cHs7lFBO","https://ap.wps.com/l/cbCaimB8cHs7lFBO","pdf",1138857,"English","# Introduction\n# Economic impact analysis\n## Operations spending impact\n## Construction spending impact\n## Student spending impact\n## Alumni impact\n## Total impact","[{\"question\":\"What does the study measure about MCCS for FY 2024-25?\",\"answer\":\"It measures MCCS’s economic impacts on Maine’s business community and the benefits generated for students, taxpayers, and society during fiscal year 2024-25.\"},{\"question\":\"How is the economic impact broken down in the analysis?\",\"answer\":\"The economic impact analysis includes operations spending, construction spending, student spending, and alumni impact, with results reported as added income and jobs supported.\"},{\"question\":\"What is the total economic impact MCCS added to Maine’s economy?\",\"answer\":\"MCCS added $1.0 billion in income to the Maine economy during the analysis year, equivalent to the combined impacts described in the report.\"}]","The Economic Value of the Maine Community College System - FY 2024-25 | PDF",1792054089]