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College Forum Volume 18, Issue 3 : Page 1

MIAMI DADE COLLEGE COLLEGE MDC Fuels Region’s Economy A recent study by Miami-Dade County reaffirms what has long been known: Miami Dade College is a pillar of strength and a guiding light for the entire South Florida economy. According to the Coun-ty report “The Economic Impact from College Degrees in the Workforce and Local Colleges and Universities,” M DC made the highest average annual contribution to the Miami-Dade economy from 2011 to 2013 among public institutions of higher learning with an output of $950 million , a gross regional product of $642 million , personal income of $479 mil-lion and more than 11,300 jobs . MDC’s contributions to the economy also topped those of all area private universities, with A DRIVING FORCE the single exception of the University of Miami, whose medical school and hospital operations were included in the calculation. The economic benefits of a college degree cascade from in-dividuals to families and the community: Better employment translates to higher income and living standards. At MDC, where 67 percent of students are low-income and 46 percent live be-low the federal poverty line, the impact is even more dramatic. MDC’s impact is amplified further when taking into consider-ation collateral benefits of an educated society. An expansive study by Economic Modeling Specialists Intl. last year estimated annual added income of MDC and its former students to the local economy at $3.3 billion . Thanks to the benefits an MDC education provided in terms of improved health along with reductions in welfare, unemployment and crime, MDC saves the public some $35.4 million per year . In addition, taxpayers see a rate of return of 10 percent on their in-vestment in MDC. – MR f orum September 2014 • Volume 18 • Number 3 Applause From ‘The Chronicle of Higher Education’ For Sixth Year in Row, MDC Makes ‘Great Colleges’ List A national standard-bearer of excellence in the classroom and beyond, Miami Dade College was named one of the country’s “Great Colleges to Work For” in The Chronicle for Higher Education ’s annual rankings. The only public college or university in South Florida named to the list, MDC stood alongside other prestigious institutions including Duke, University of Southern California, University of Michigan and Notre Dame, among others. This is the sixth year in a row that MDC has made this outstanding list. “Faculty and staff at Miami Dade College al-ways go beyond the call of duty to serve our students and to ensure that MDC remains a top academic institution,” said MDC President Dr. Eduardo J. Padrón. “This accolade was pos-sible because of their hard work and dedication to our mission.” More than 300 institutions were surveyed to be ranked in the Chronicle program, and more than 44,000 college employees were surveyed in the process. Miami Dade College stood out in 10 out of 11 areas, making The Chronicle ’s 2014 Honor Roll, a distinction it has now picked up for four years in a row. Those areas included Collaborative Governance; Confidence in Senior Leadership; Diversity; Facilities, Security and Workspace; Job Satisfaction; Professional/Career Development; Respect and Appreciation; Teaching Environ-ment; Supervisor-Department Chair Relations; and Work-Life Balance. – MR COLLEGE forum 1

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