Promotion of Distressed Cities with Low-Cost Housing and Student Loan Forgiveness

Policy or Initiative Actor

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Reference

Alden, Edward and Taylor-Kale, Laura. “The Work Ahead Machines, Skills, and U.S. Leadership in the Twenty-First Century.” Council on Foreign Relations (2018).

Policy or Initiative Description

Governments need to attract human capital to distressed regions—places in which the cost of housing can be attractive to recent college graduates looking to start families. The provision of low-cost housing or student-loan forgiveness can be an effective incentive for moving to smaller or older industrial cities and towns.

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