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If you live in most college towns you should know it goes beyond that. A dumb example would be a video game store. College kids have a lot of time and unlike m
by rtpg 8y ago
If you live in most college towns you should know it goes beyond that.
A dumb example would be a video game store. College kids have a lot of time and unlike most old people might want to pick up some games. Sure, there’s Amazon but second hand stuff is cheaper.
On a different level, you have stuff like auto repair shops, grocery stores, even gas stations that get benefits from a student population in an area. We all gotta eat after all. Stuff like parks can get use as well
And if even 1% stay and start a business in the area afterwards that’s still something that likely wouldn’t exist otherwise because people tend to start businesses wherever they are.
There is a bit of a risk of simply feeding the students into the nearest large city but even then you’re looking at 4 years of student loan money spent on various consumables in the area.
The biggest worry is indeed for real estate pricing.... which is why it seems very reasonable to force schools to build appropriate housing for their students instead of just relying on local stock.