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Butler Community College's Community Connections: Spring 2024

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COMMUNITY

CONNECTION News from Butler Community College | Spring 2024

Dr. Kimberly Krull President Bill Rinkenbaugh Vice President of Student Services Tom Borrego Vice President of Advancement/ Special Asst. to the President Kent Williams Vice President of Finance Bill Young Vice President of Digital Transformation / CIO Dr. Jessica Ohman Associate Vice President of Student Services Dr. Esam Mohammad Associate Vice President of Research & Institutional Effectiveness Shelley Stultz Associate Vice President of Human Resources Dr. Terry Sader Professor and President, Butler Community College Education Association Kelly Snedden Director of College Relations & Marketing

OUR MISSION

Butler Community College inspires and prepares students for lifetime success through inclusive, innovative, affordable, quality education while advancing community vitality.

New Study Details Butler’s $754.4M Regional Economic Impact

An economic impact study released by Butler Community College last month reveals the college has a $754.4 million annual impact—equivalent to supporting 10,792 jobs—in Butler’s 10-county primary market of south central Kansas. In addition, the study found that one out of every 40 jobs within the same area is supported by the activities of Butler and its students. The study, conducted by labor market analytics firm Lightcast, found other areas of high return on investment in Butler, highlighting its value as not just a traditional educational institution but a regional workforce development and economic powerhouse. According to Lightcast, Butler students can expect to receive higher future earnings that will continue to grow as a return on their investment. For example, Butler graduates from fiscal year 2021-22 will see a cumulative present value of $386.2 million in increased earnings over their working lives. For every $1 students invest in Butler in the form of outof-pocket expenses and forgone time and money, they can expect to receive $10 in future lifetime earnings. “This study validates Butler’s mission to change students’ lives and advance our communities’ vitality,” said Butler President Dr. Kim Krull. “As the largest employer in Butler County and a higher education institution of excellence, we contribute to the county by helping students meet their educational goals, supporting workforce needs and impacting economic growth.” For every dollar of public money invested in Butler, taxpayers receive $4 in return over the course of the students’ working lives, with a 9.7% average annual rate of return, according to the Lightcast study. “Butler values the support provided by local taxpayers, student tuition and fees, and state funding, and we are proud it creates significant returns on those investments overall,” Krull continued. “Butler’s economic impact and job support points to the importance of students enrolling from and staying in the region to contribute to the economic prosperity of the region and state.”

Source: Lightcast, 2023

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