The Technical College Effect: Immediate Payback for Taxpayers

Return on investment (ROI)…something everyone is interested in these days. Whether it’s a personal purchase or investment account, a company investing in new equipment, or someone pursuing a college education, all share the same interest…return on their investment. It’s something that we, at Fox Valley Technical College, are very aware of and sensitive to when it comes to providing an excellent educational value and experience for our students.

We care about this investment from a student/graduate perspective and the results they achieve which I highlighted in my previous post. But we also care about the ROI we are providing to our area employers, the local workforce, and the community in general. With the majority of Wisconsin jobs requiring 2 years or less of technical education, we’ve got an enormous challenge ahead in attracting, educating, and graduating individuals with the qualifications necessary to succeed in this skills-based economy. And, at the same time, we need to continue to improve the skills of the region’s incumbent workforce.

Technical education provides an immediate return-on-investment for taxpayers, students, and employers.

Technical education provides an immediate return-on-investment for taxpayers, students, and employers.

Part of the answer to meeting our communities’ needs in the future will be for us to work with the K-12 schools all across the region aligning our curriculum and opportunities in career and technical education that provide young people with a head start on their careers in high school. One of the infographics below indicates that today about 19,000 bring some credits already earned in high school when they attend a technical college. That’s a great start, but there’s much more to be done. And I’m seeing an incredible renewed interest by our K-12 partners in working together much more closely.

If over half of the positions in our state will require a technical college education, how will we attract about half of the young people graduating from area high schools into these important and critically needed career paths? I’d love to hear your thoughts so that we can continue to improve the ROI that FVTC provides here in the region.

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