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Talking Points for Community College Bonds <br /> <br /> Why are community colleges important to local communities? <br /> <br /> Commllnity colleges are a mai~ economic engine in local commtlnities, providing <br />training and retraining for 700,000 students (150,000 of them full-time) at 59 campuses <br />across the state. It is a fact that one oft. he first things a new or expanding industry looks <br />at is the ability of the local community college to provide specialiTed training for <br />employees. The health of the local economy is directly linked to the health of the local <br />¢ornrmm~ty college. <br /> <br /> W~.y does the community college system need the $600 million bond issue? <br /> <br /> Since I963 when the system was established, commllnity colleges have provided <br />accessible, affordable education to students who either choose n°t to attend or can't <br />afford to attend a four-year university. <br /> However, for the first time in their histoxy, North Carolina community colleges <br />have had to cap enrollment and limit classes because_ of deteriorating facilities, lack of: <br />classroom space and increasing enrollment. <br /> <br /> This situation comes at a time when North Carolina is depending on an educated <br />workf0rce to ensure its prosperity and its ranking as one of the best places in the country <br />to do business. <br /> The overcrowding at community colleges has meant that some businesses have <br />delayed expansions or taken their investments elsewhere because workers could not be <br />trained. The situation will only get worse. The community college system projects a 30 <br />percent increase in enrollment by the end of the decade. That is the equivalent of 58,000 <br />new students. Bonds would pay for needed upgrading, repairs, renovations and new <br />construction to keep community college education accessible for North Carolina's <br />citizens. <br /> <br /> How would the money be allocated? <br /> <br />The bond package for community colleges is $600 million. The money is split into two <br />pots. One pot is for repairs and renovations and the other Pot is for con~ixaction. <br /> <br /> <br />