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A Sound Return on Investment
BC Colleges provides a $3.80 return to the provincial economy for every $1.00 of taxpayer financial support.
BC Colleges and their graduates contribute $7.7 billion of income annually to the provincial economy.
According to a recent TD Economics report, post-secondary education is a good return on investment and a college diploma, which has lower upfront costs, offers an even higher return on investment.
BC Colleges has a significant role to play by providing a highly skilled workforce to meet the labour force challenges facing the province.
BC Colleges has a proven track record as a well-established and accountable sector of the province’s post-secondary education system. After almost 50 years of successful instructional and business operations, the college system is a mature, dependable component of advanced education in the province.
During the past year, our 11 member colleges have committed to collaborating as a unified public college system that responds as one to the BC labour market. In total, over to 200 collaborations have been completed to date.
To be even more successful in the coming decade, colleges must be given the freedom to create new and innovative cost-sharing models with business and industry, and to develop new revenue streams.
Our colleges are ready and able to take on more responsibility that will not only alleviate pressure on government administrative services, but will also allow colleges to respond better to local economic needs.
This will give us more flexibility to review opportunities and create new revenue streams, which will help to ensure that we have the physical and financial capacity to meet the province’s labour force challenges.
Read about how our colleges are providing a sound return on investment:
Camosun College's ESL Program Boosts Opportunity for International Business Student