In this article, the authors propose a framework for analyzing the outcomes from community college programs as a starting point for a larger discussion on the optimal distribution of resources across the multiple missions of community colleges.
by Brian Fabes, chief executive officer, Civic Consulting Alliance, and Richard H. Mattoon, senior economist and economic advisor, Federal Reserve Bank of Chicago
Full Paper: http://www.chicagofed.org/publications/fedletter/cflseptember2007_242.pdf