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econron

(152 posts)
Tue Jul 28, 2020, 10:18 PM Jul 2020

College Towns Potential Impact By Covid 19

Another good read about the potential covid 19 economic impact on the college towns with the link below.

[link:https://smartasset.com/checking-account/college-towns-most-vulnerable-during-covid19-2020|

Key Findings
Many Midwestern and Southern college towns are at the top of our list. Of the top 11 most vulnerable college towns in our study, four are in the Midwest and five are in the South. The Midwestern cities are Bloomington, Indiana; Champaign, Illinois; Ann Arbor, Michigan and Ames, Iowa. The following cities represent the Southern states: College Station, Texas; Athens, Georgia; Chapel Hill, North Carolina; San Marcos, Texas and Auburn, Alabama.

Small college towns are likely to be hit the hardest. Beyond their geographic focus in the Midwest and South, the 11 college towns we identified as being most vulnerable during COVID-19 all have city populations of less than 125,000. In those towns, students and staff make up larger percentages of the population and workforce. More than two in 10 residents are undergraduate students in all 11 towns. Additionally, in all but one of the 11 (Flagstaff, Arizona), more than one in 10 workers are employed by local four-year institutions.
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