WSJ|1 minute read
From College Town Boom to Bust: America’s Higher Education Crisis
TL;DR
College towns in America are facing a seismic shift as booming economies morph into busts. With declining enrollment numbers and economic struggles, these once-vibrant communities are seeing a downturn that impacts local businesses, social life, and even housing markets. Key points include:
- Enrollment drops leading to economic instability.
- Local businesses suffer as student populations dwindle.
- The housing market is affected by reduced demand.
- Community responses to adapt to shifting demographics.
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