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, <br />MULTIPLIERS USED <br />TWIN CITIES multipliers:* <br />Input/Output Multiplier 2.1284 <br />Earnings Multiplier 0.8578 <br />Emplo <br />yment ment Multiplier 55.7000 <br />STATE OF MINNESOTA multipliers:* <br />Input/Output Multiplier 2.1944 <br />Earnings Multiplier 0.8979 <br />Employment Multiplier 58.10001000 <br />* Based on 1985 location quotients using 1983 earnings dollars, <br />STUDENTS EXPENDITURES <br />Minneapolis Business College has a number of full-time and part- <br />time students. Estimates of their expenditures as enrolled <br />college stud <br />ents were made using financial aid schedules to <br />determine living costs. The figures have been accepted, and <br />utilized, by the Minnesota Higher Education Coordinating <br />Board- <br />as fair representation of actual expenditures. <br />ees <br />have not been included in these estimates. <br />RESIDENT STUDENT EXP NE DITURES <br />The per student budget accepted by the Minnesota Higher Education <br />Coordinating Board by program is: <br />MOA* 10 MOS.* LEGAL* 12 MOS.* <br />Books & Supplies 600 600 650 31000 <br />5/650 <br />Housing 21490 21700 21925 <br />Food 11000 11250 11375 11500 <br />Transportation 11496 11760 21024 21112 <br />Clothing 600 600 600 600 <br />Personal Needs 340 400 450 480 <br />Recreation 340 400 450 480 <br />Medical 240 300 345 360 <br />Job Related 120 _---J..5-0 ---175 180 <br />TOTALS 7,226 81160 81994 91212/9,362 <br />Based on a res:�dent population °� loc 1 economy over 8 students, this atone year <br />ounts to <br />expenditures <br />$732,392 spent in th <br />period, See exhibit #1 for additional tables. <br />F <br />