For John, BLUF: There are definite advantages to having UMass Lowell in Lowell. Nothing to see here; just move along.
By Mr Scott Andes, 11 October 2017, from The Brookings Institution.
Here is the lede:
The value of the nation’s higher education system is usually expressed as just that—education. But while the educational mission of America’s colleges and universities is critical, often missed or neglected by local and national policymakers is the value of these institutions to economic growth. This is particularly true for those universities located near major employment neighborhoods of large cities. In a recent Brookings paper, I draw from a number of data sources to show how these “downtown” universities punch above their weight as economic anchors for both the regions in which they are located and the nation.Actually, it seems more like three and a half reasons, but the fact is, there is economic value to a city of having a research university in town. UMass Lowell is a treasure for Lowell.
Regards — Cliff
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