Broward College released an economic-impact study stating the community college contributes about $1 billion toward the local economy.
The study, which the college commissioned, says the school serving about 68,000 students adds to the economy by faculty and students spending money, and graduates earning more after leaving the school with valuable skills. The report said the average Broward graduate earns $41,400 a year at the midpoint of their careers.
Prepared by Economic Modeling Specialists, an Idaho firm, the study concludes the public college offers a solid return for taxpayers. Florida sent $87 million to Broward College last year, and the study contends that every dollar spent at the school generates $1.40 for taxpayers.