I'm no expert in statistics but the picture this map paints is misleading IMO.
I'm no expert in statistics but the picture this map paints is misleading IMO.
The lifecycle seems to be new city starts building out, put a university in the new, good neighborhoods, wait 100 years and those neighborhoods are now the inner city with spectacular crime and poverty.
The same low rents and low quality housing that attract students would logically tend to attract poor people. The same dumpy loft that seems perfect for a physics student would also seem financially perfect for a poor person.
Note that I'm talking about traditional student housing, not the ultra expensive school loan inspired facilities.
Even if students are spending $50k+ per year on school, very little of it makes its way out into the neighboring economy.
If you're a "poor" student who isn't working, but getting money from your parents or via student loan, you're not the same as a poor working person.
It's not skewed, those students really live there, so that's what it is.