Are College Graduates Worth It?

28 June 2010 - 2:00pm

Vincent Valk looks at the dogged pursuit by cities for new college graduates, and asks if that strategy really pays off in the end.

Valk comments on a recent article in the Milwaukee Journal Sentinel bemoaning the stream of educated young folks that leave the city. As Valk notes, local talent is not necessarily as valuably as new talent:

"Indeed, it may not be graduates that you want, necessarily, but migrants. Migrants are especially entrepreneurial, and the further they've come to get to your city, the better."

Valk also notes a tinge of classism in the courting of college grads. "I think the phrase 'attracting talent' has come to imply 'attracting yuppies, or yupsters.'" he writes.

Full Story: The Talent Game
Source: Next American City, June 28, 2010
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One great asset of this part of town, and other older neighborhoods across America, is something as simple as sidewalks, which make it easier to break out of your private sphere by taking a walk and talking to neighbors. That's an impossible dream in many new subdivisions.