<?xml version="1.0" encoding="UTF-8"?><item href="/news/20210504-economic-impact-study.php" dsn="news"><title>The Economic Value of Moreno Valley College Felt Throughout the Region</title><item_date>05/04/2022 12:00:00 PM</item_date><author>Moreno Valley College</author><image><img src="/_resources/images/news/2022/news-20220504-economic-impact.jpg" alt="Placeholder Blog"/></image><summary>In February, using 2018-19 data, the California Community Colleges Chancellor’s Office, with assistance from Emsi Burning Glass, a data company, analyzed the financial impact of the 116 community colleges. Emsi Burning Glass identified how Moreno Valley College influences the lives of students and the region’s economy. For the 2019-20 fiscal year, the College’s operational spending accounted for $67.3 million; student spending equaled $19.3 million; and alumni impact measured at $59.2 million. In all, MVC’s fiscal impact on the region accounted for $145.8 million and equaled to 1,977 supported jobs.</summary><department/><display>true</display><featured>true</featured><tags><tag>College</tag><tag>News</tag></tags></item>