By Ashley Perham
Graduates from Volunteer State Community College’s class of 2016 could potentially earn $470,000 more than workers with only a high school diploma, according to a recent study.
As a whole, the 991 students from the 2016 graduating class have an earning potential of $465.8 million more than workers with only a high school diploma in their working lifetime, according to the study.
This study, “An Analysis of the College’s Economic and Social Impact,” was conducted for Vol State by Knoxville educational consultant Fred H. Martin, according to Vol State’s website.
The study also discussed the social impacts getting a degree from Vol State could have on graduates’ lives, including a greater likelihood of attending a four-year college, improved health habits, increased civic involvement, reduced poverty rates, and increased home ownership levels.
While similar studies have been done about Vol State, this study was the first to look into how a college education could impact a specific graduating class, said Eric Melcher, coordinator of public relations and marketing at Vol State.