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Community and Technical College (CTC) Professional-Technical Education

Training and education for a vocational associate of arts degree or a vocational certificate. . See other program results.

State Core Indicator Results

Employment - Percentage of participants who were employed, as reported in employment records during the third quarter after leaving the program.*

All 63%

Completers

69%

Earnings - Median annualized earnings six to nine months after leaving the program. (Quarterly earnings are the result of hourly wage rates and the number of hours worked in a calendar quarter. Toderive annualized earnings, quarterly earnings are multiplied by four.)

All $24,413

Completers

$26,726

Skills - Percentage of participants who obtained an appropriate credential.

56%

Participant Satisfaction - Percentage of participants, including non-completers, who reported satisfaction with the program, as evidenced by survey responses six to nine months after leaving the program.

91%

Employer Satisfaction – Percentage of employers who reported satisfaction with new employees who were program completers as evidenced by survey responses.
93%

Net Employment Impact - Difference between the employment rate for all participants and the control group of non-participants, measured nine to 12 quarters after leaving the program.

10.1 percentage points

Net Earnings Impact - Difference between the average annualized earnings for all participants and the control group of non-participants, measured nine to 12 quarters after leaving the program.

$8,680

Participant Return on Public Investment - The ratio of the present values of additional lifetime participant earnings and employee benefits to public costs of the program.  Additional lifetime participant earnings and benefits are additional earnings and employee benefits received (minus participant program costs, taxes on added income, and any loss in unemployment insurance benefits), when compared to the non-participant control group.

$13 to 1

Taxpayer Return on Investment – The ratio of the present values of projected additional lifetime taxes paid by the participant (plus any decrease in unemployment insurance benefits), in comparison to the public costs of the program.  Additional taxes are those additional taxes projected to be paid in comparison to the taxes projected to be paid by the non-participant control group.  Change in unemployment insurance benefits is the change in benefits paid to participants compared to the non-participant control group. 

$3 to 1

* Includes some out-of-state employment data but not all of it and does not include data on self employment. Understates total employment by about 10 percent.

Employment & Earning Indicators Over Time

Employment Rate - Percent of Professional-Technical Education Participants with Reported Employment in Third Quarter after Exiting Program

 

Earnings - Median Annualized Earnings of Participants in Third Quarter after Exiting Program (First Quarter 2011 dollars)

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