View the results from the 2024 Survey of Community College Outcomes, which includes our Richmond Fed Success Metric.
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Explore the economic impacts of community colleges with regular updates from the survey team, including data-driven analysis, policy research, and highlights from our on-the-ground engagement.
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The Richmond Fed is committed to understanding economic conditions in the communities we serve across the Fifth District, including community colleges and their impact on local workforce development. To see more of our research, data, and insights visit the topics pages below.
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Past Event
On November 19, 2024, the Federal Reserve Bank of Richmond hosted a webinar discussing the results of its 2024 Survey of Community College Outcomes. The event focused on the role of community colleges in workforce and economic development and highlighted the challenges of measuring success with inconsistent data.
Community College Insights Series
Receive regular updates from the survey team on our Community College Insights series, which features deep-dive analysis and commentary on results from the survey and the economic impacts of these important institutions.
Results from the 2024 Survey of Community College Outcomes indicate that Pell Grant recipients from the 2019-2020 cohort had success rates that lagged their non-Pell Grant recipient peers. While both groups earned associate degrees at roughly the same rate, Pell Grant recipients were less likely to transfer to a four-year institution prior to receiving an award.
This post both updates and corrects a previous post about fall 2024 college enrollment: Total undergraduate college enrollment increased 4.5 percent nationwide compared to fall 2023.
Performance-based funding policies are designed to incentivize institutions to meet a set of performance metrics, and in return, receive additional revenue. However, designing and implementing these models is complex.
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