Shrinking School Districts in NJ a Sign of Millennial Shift?

Shrinking School Districts in NJ a Sign of Millennial Shift?

Shrinking School Districts

More than half of New Jersey’s school districts have shrunk in the last six years, mirroring wider population moves toward urban areas — and also reflecting net migration from the state. School districts are contracting at a fast clip in the northwest of the state, as well as in southern shore communities such as Avalon, Margate and Ventnor.

Depopulation of outer-ring suburbs is not just a feature of life in New Jersey but is being seen across the northeastern United States, according to Professor James Hughes, a senior fellow at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University. Millennials grew up in the suburbs, which provided economic opportunities for their parents. But those same suburbs seem to be less of a draw for today’s 20- and 30-year-olds. Shrinking schools also reflect the fact that a generation of New Jerseyans is delaying starting a family. And when millennials do start raising families, Hughes said, “… it’s going to be in places that have a walkable downtown, a rail station, access to activities.” Full Story

 

Articles of interest

Worst Stock Market Crash of our lifetime; is this a possibility? (Aug 23)

Did the Fed Screw up in raising rates; is inflation even an issue  (Aug 10)

Electric Car Threat To Big Oil Wildly Overstated? (July 28)

1987 stock market crash: could it happen again? (July 13)

Dow Could Trade to 30K But not before This Happens  (July 11)

Fake news & Weak Economy Can’t Stop Stock Market Bull  (July 6)

Crazy Bull Market Still Marching Strong despite interest rate hikes (June 18)

Stock market crash coming: Stock market Correction more likely in 2017 (June 5)