This is important for Ashtabula County given our young talent retention and recruitment challenges and the out-migration (permanent move-outs) of 500 working-age people each year. A new paper by Institute staff shows that place-based scholarship programs, such as the Kalamazoo Promise, promote local economic development in addition to improving student outcomes. Timothy J. Bartik and Nathan Sotherland examined eight Promise-type scholarship programs and estimate that, for at least three years after the programs were announced, out-migration in these local labor markets was reduced by about 1.7 percent, which in turn should boost employment by a similar percentage.
Read “Migration and Housing Price Effects of Place-Based College Scholarships” by Timothy J. Bartik and Nathan Sotherland
Read Timothy J. Bartik’s blog post on the paper.