Association of Colleges
Economic impact studies
College economic impact studies:
The contribution of FE Colleges to their local economies has been assessed in a series of recent reports; the following paper summarises some these studies.
Economic impact studies - summary of Colleges and other organisations reports, January 2009
The individual reports of the national, regional, individual College, individual higher education institutions (where these haven't been combined with local college studies), international and other studies are available to download below.
If you have any studies to add please contact Geeta Patel, Research Officer.
Olympics:
The Economic Impact of the London 2012 Olympic and Paralympic Games - July 2012 (A report by Oxford Economics commissioned by Lloyds Banking Group)
Full Report
National studies:
(Colleges, universities and education in general)
(Listed in reverse chronological order)
Evaluation of the value of Tier 4 international students to FE Colleges and the UK Economy, April 2013. (Department for Business, Innovation and Skills (BIS) Research Paper by BMG Research Ltd):
Full Report
The Impact of Further Education Learning, January 2013. (Department for Business, Innovation and Skills (BIS) Research Paper by Ipsos MORI and London Economics):
Full Report
Excel tables
Evaluation of the Impact of Capital Expenditure in FE Colleges, December 2012. (Department for Business, Innovation and Skills (BIS) Research Paper by Frontier Economics Ltd and BMG Research Ltd):
Full Report
Valuing the Impact of Adult Learning - June 2012 (London School of Economics and Political Science (LSE) for NIACE (National Institute of Adult Continuing Education), The SROI Network and the Local Government Association)
Full Report
Niace Press Release, June 2012
Estimating economic benefits from adult apprenticeships – Technical paper, February 2012 (National Audit Office (NAO) for Department of Business Innovation and Skills (BIS), Skills Funding Agency (SFA) and National Apprenticeship Service(NAS))
Full Report
Measuring the economic impact of (post 19) further education, March 2011 (Department for Business Innovation and Skills (BIS))
Full Report
BIS Press Release, March 2011
The Economic Contribution of England’s Further Education Colleges, November 2008 (Economic Modelling Specialist Inc (EMSI))
Summary report
Adult learning in the workplace: creating formal provision with impact, October 2008 (Teaching and Learning Research Programme (TLRP) - Institute of Education (IoE)
Full report
Evaluating the impact of capital expenditure in Further Education, April 2008 (Frontier Economics for Learning and Skills Council (LSC))
Full Report
A Cost Benefit Analysis of Apprenticeships and Other Vocational Qualifications, 2007 (University of Sheffield for DfE)
Full Report
The Returns to Qualifications in England: Updating the Evidence Base on Level 2 and Level 3 Vocational Qualifications, September 2007 (The Centre for the Economics of Education (CEE))
Full report
The Economic Costs and Benefits of International Students, July 2007 (Higher Education Policy Institute)
Full report
Summary report
The Cost of Exclusion – Counting the cost of youth disadvantage in the UK, April 2007 (The Centre for Economic Performance and the London School of Economics)
Full report
The Economic Benefits of a Degree, 2006 (Pricewaterhouse Coopers for UUK)
Full report
The impact of Further Education Institutions on the economy of Wales, 2006 (Cardiff University)
Welsh Economic Review Article
Fforwm presentation
Review of Scotland's Colleges: Unlocking Opportunity: The Difference Scotland's Colleges Make to Learners, the Economy and Wider Society, October 2006 (Scottish Executive))
Full report
The economic impact of UK higher education institutions, January 2006 (University of Strathclyde for Universities UK (UUK))
Full report
Summary report
The Economic and Social Returns to FE Colleges, June 2005 (Department for Education and Skills (DfES))
Full report
The Economic Benefits of a Higher Education Qualification, January 2005 (Pricewaterhouse Coopers for The Royal Society of Chemistry and the Institute of Physics)
Full Report
The Return to a University Education in Great Britain, June 2004 (University of Wales Swansea)
Full Report
Individual College and regional studies:
(Listed alphabetically by College name or region (if regional study))
The Economic Contribution of Accrington and Rossendale College, September 2008 (EMSI)
Full report
Overview fact sheet
Business perspective
Social benefits perspective
Taxpayers perspective
The Economic Contribution of Boston College, March 2008 (EMSI)
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Higher and Further Education in Bradford and District: An Economic Impact Assessment, July 2008 (University of Strathclyde)
Summary report
The Economic Contribution of Cambridge Regional College, March 2008 (EMSI)
Full report
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Economic Impact of Chichester College and the University of Chichester, March 2007 (Research Consultancy Unit (RCU))
Full report
The Economic Contribution of City College Norwich, July 2008 (EMSI)
Full report
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Business perspective
Learner perspective
Social benefits perspective
Taxpayer perspective
The Economic Contribution of City of Bristol College, June 2008 (EMSI)
Full report
The Economic Contribution of The College of West Anglia, September 2008 (EMSI)
Executive summary
Overview fact sheet
Hartpury College economic impact study, February 2008 (Roger Tym and Partners)
Full report
The Economic Contribution of Huddersfield Technical College, September 2008 (EMSI)
Full report
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Business perspective
Learner perspective
Social benefits perspective
Taxpayer perspective
The Economic Contribution of Mid-Kent College, December 2007 (EMSI)
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Understanding Colleges in the North East Economy, May 2003 (Step Ahead Research Ltd and RCU)
Full report
Summary report
The Economic Contribution of North East Surrey College of Technology, March 2008 (EMSI)
Full report
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Business perspective
Learner perspective
Social benefits perspective
Taxpayers perspective
The Economic Impact of Further Education in the North West, April 2009 (SQW Consulting for the Northwest Development Agency)
Full report
The Economic Contribution of Liverpool Community College, January 2009 (EMSI)
Full report
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Business perspective
Learner perspective
Social benefits perspective
Taxpayers perspective
Identifying and Demonstrating the Impact of the FE Colleges in the South West, 2008 (RCU)
Full report
The Economic Contribution of St Helens College, March 2008 (EMSI)
Full report
Executive summary
Overview fact sheet
Broad and narrow investment perspective
Business perspective
Learner perspective
Social benefits perspective
Taxpayers perspective
The Wider Contribution of the Tees Valley Sixth Form Colleges, March 2008 (RCU)
Full report
The Economic Contribution of Warwickshire College, May 2007 (EMSI)
Full report
Executive summary
Overview fact sheet
Taxpayer perspective
The Economic Contribution of West Cheshire College, March 2008 (EMSI)
Press release, executive summary and information sheets
The Economic Contribution of York College, March 2008 (EMSI)
Executive summary
Overview fact sheet
Higher education studies:
Note that some HE studies have been combined with local college studies, these are listed in the previous section.
Bournemouth University Economic Impact Study, 2007 (Bournemouth University)
Full report
The Impact of the University of Cambridge on the UK Economy and Society, 2006 (Library House)
Full report
Crichton’s role: Boosting capacity, community, and economic activity in South West Scotland through Higher Education, September 2007 (CogentSI)
Full report
Crichton Trust Annual Review 2007/08
Higher education - The Economic Impact in the South East Region, November 2005 (Higher Education South East (HESE))
Full report
The Economic Impact of the University of Essex's International Students, April 2012 (Oxford Economics)
Full Report
International studies:
The Economic Contribution of America’s Community and Technical Colleges, October 2004 (EMSI)
Full report
The Complete Package – The Value of TAFE New South Wales (Australia), May 2006 (The Allen Consulting Group)
Full report
Summary report
Other studies:
Measuring success at the BBC, June 2004 (Human Capital and Martin Hamblin GFK)
BBC presentation
Measuring our value – British Library, 2003 (Spectrum Strategy Consultants and Indepen and NoP)
Summary report
Presentation
