Economic Impact Study

Prove your institution's value

picture of building

What is your institution's impact on the economy?

That’s the question we answer in the Economic Impact Study—a custom report that measures your impact on the regional economy and workforce, and calculates your school’s return on investment for students, taxpayers, and society.

mockup of EIS
The EIS Includes Two Types of Analyses

1. Economic Impact Analyses

icon of a truck

Operations Spending Impact

We determine the added net income generated in the region as a result of your institution's payroll and its purchases of supplies and services.

icon of a shopping cart

Student Spending Impact

We identify how local and nonlocal students can markedly affect your region. We measure the money spent on food, transportation, and other items.

icon of a graduate

Alumni Impact

We tally the impact of your alumni's higher earnings and increased productivity in the regional workforce.

2. Investment Analyses

icon of upward trend

Student Investment Analysis

Graduates gain a lifetime of higher earnings. We compare the present value of these higher earnings with the cost of their education.

icon of money

Taxpayer Investment Analysis

We measure the added taxes and public sector savings that your school contributes to the state.

icon of a plant

Social Investment Analysis

We calculate the added state revenue and social savings that result from your school's presence.

How it works

Work directly with a Lightcast economist to provide data on your institution.
We model your data and produce reports that you can review and adjust.
Now you have a customized study that clearly communicates your value to the community.

What can you do

with an EIS?

CheckmarkEngage with community stakeholders
CheckmarkJustify new or expanded resources
CheckmarkRaise financial support
CheckmarkImprove the public's perception of education
CheckmarkGenerate goodwill in the community

The Alabama Community College System found that for every dollar spent


Students Gained

in lifetime earnings


Taxpayers gained

in added tax revenue and public sector savings


Society gained

in added income and social savings

"The ACCS is in line for more funding than ever before and our prospects are looking more and more favorable for success. We believe a big part of this is due to the economic impact data that we were able to provide for legislators."

Barry May,

Executive Director - Workforce and Economic Development

The Alabama Community College System

Contact us to see what you can do with an EIS