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New Survey Shows College Boosts Local Economy

South Cheshire College adds significant value to the local economy in a number of ways according to a recent study.

Economic Modelling Specialists International (EMSI) have conducted focused research into the Crewe College to show the key role it plays in helping businesses to go from strength-to-strength.

The College has strong links with local businesses and employers and delivers a full range of apprenticeships and work-related training programmes which benefit businesses and their employees.

The ‘Demonstrating the Value of South Cheshire College’ report shows that the College has a positive impact on its main stakeholder groups which include learners, society, taxpayers and the local business community.

According to the study, learners earn more because of the skills and qualifications they gain at South Cheshire College while businesses also earn more because the enhanced skills of learners makes them more productive leading to increased profits.

Many college learners also stay in the Cheshire and Warrington area and are more productive because of the quality education they received at the College.

In terms of benefiting society, the College aims to improve the lives of young people and adults by increasing their employability and raising their potential.

As an educational institution, it also helps to tackle social problems such as crime, unemployment and poor lifestyle habits by positively influencing the health and well-being of its learners.

Meanwhile, taxpayers are also reaping the rewards from the College because as learners and employers enjoy higher earnings and increased output, society as a whole benefits from an expanded economy and a range of savings associated with a reduced demand for public services.

All of these benefits trickle down to the taxpayers in the form of higher tax receipts and avoided costs, leading to a more prosperous economy and a reduced burden on taxpayers.

Martin Stone, Work Related Training Manager at South Cheshire College, said: “The study demonstrates that South Cheshire College adds value to businesses and our relationship with them is extremely important.

“The experiences that learners receive at the College help to shape the rest of their lives and put them on the path to becoming happy and productive members of their communities.” 

EMSI provides employment data and economic analysis via web tools and reports and has produced comprehensive reports for colleges and universities in the UK, USA, Canada and Australia.

Paul Colman, Chief Executive of the South Cheshire College Chamber of Commerce, believes the College plays a key role in the success of local businesses.

Paul said: “South Cheshire College is an organisation at the heart of the community which has strong links with a range of businesses.

“The role that the College plays in helping businesses and employees to develop is extremely important and is key to the region’s future economic success.”

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