This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2023. All rights...
This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2023. All rights reserved.
The single mom chose a much smaller college town where she had never lived in or gone to school. She knew only a couple of people there, but had a good impression of the school and town from attending cultural events in the area on summer vacations. She figured she could afford to rent an apartment big enough to accommodate her baking business, and she could find customers from both the town and the campus.
Many people moving to college towns cite the cultural, educational and entertainment opportunities. The couple who retired near their old college campus regarded themselves as lifelong learners, and often attended non-credit classes specially set up in conjunction with the university. Classes were led by active or retired professors, sometimes in the same classrooms where the couple had gone to school many years before.
Given their diversity and international influences, college towns may have a wider range of restaurants than many large towns or big-city suburbs. And those restaurants are often within walking distance or a brief drive away. Some college towns have convenient buses or trollies that ferry people over short rides to and from campus or downtown areas. Some shops offer discounts to people associated with campus.
Financially, the range of options is as wide as the gap between the Ivy League and the small state school in the rural Midwest, from the grand house on the hill to the tiny rental usually taken up by students. Some college towns feature dedicated senior living for alums, often in upscale developments. Some of those developments try to maintain a minimum percentage of alumni as residents, although that can range from 10% to 90%.
Beyond all the practical reasons, some people — like the retired couple — want to return to campus in order to reclaim or relive or at least remember their glory days, when they were young and carefree. It’s never the same, of course, but sometimes it’s close enough that the memories and old emotions stir new ones almost every day.
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