Photo by Artem Beliaikin on Unsplash Production of boiler chickens (those raised for their meat, not eggs) in the US...
With Students Staying Home, Empty College Towns Hit Hard by Coronavirus Crisis
College campuses all over the world have closed and have sent students home for the rest of the school year. As people practice social distancing and quarantining methods, economic activity is declining. Similarly, as students vacate campuses and head home, economic activity in college towns significantly decreases. Stephen Gavazzi, writing for Forbes, notes that when students leave campus, “gone with them is the purchasing power they had poured into the local economy.” College towns are regions whose revenues rely heavily on demand from the student population, and “until recently, college towns were thought to have a distinct economic advantage over municipalities that did not host an institution of higher learning.”