Miami Dade College (MDC) creates value in multiple ways. An MDC education delivers excellent value to students, taxpayers, and society. MDC is the region’s accessible, quality higher education destination. The College delivers affordable pathways to rewarding careers and is a large regional employer committed to collaborating and partnering to strengthen the fabric of the community. MDC educates and empowers students and alumni who use their heightened skills to advance in their careers, which adds to the tax base, and promotes community resilience and stability while contributing to elevated civic engagement.
The Economic Value of Miami Dade College to Miami Dade County (2024) report by Lightcast economists – industry leaders in this type of analysis – identifies returns to students, taxpayers, and society on their investment in an MDC education. The study shows a $5.0 billion economic impact by MDC, supporting 62,393 jobs in the community, and documents the benefits the college generates in return on the investments made by key stakeholder groups. Two analyses are presented: an Economic Impact Analysis and an Investment Analysis. What’s the bottom line? The analysis verifies that MDC is an exceptionally worthwhile investment compared to the returns from other available investment opportunities. Highlights appear below, and linked documents provide additional details.