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The Well-Educated Provide an Economic Boost, But Cities Find it Hard to Lure Them

May 30, 2012 by Matt Ball in Headlines, Smart Cities with 0 Comments
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As cities like this one try to reinvent themselves after losing large swaths of their manufacturing sectors, they are discovering that one of the most critical ingredients for a successful transformation — college graduates — is in perilously short supply. Just 24 percent of the adult residents of metropolitan Dayton have four-year degrees, well below the average of 32 percent for American metro areas, and about half the rate of Washington, the country’s most educated metro area, according to a Brookings Institution analysis. Like many Rust Belt cities, it is a captive of its rich manufacturing past, when well-paying jobs were plentiful and landing one without a college degree was easy.

Read more via The New York Times

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