In an interview with WOUB Public Media, Emeritus Distinguished Economic Professor Richard Vedder said the school will feel the absence of students, as will Athens. Without the students that normally more than double the town’s population there will be a lack of both patrons and workers for businesses in town. “Income taxes revenues vary with, obviously, the number of people working,” Vedder said. “Sales tax revenues, more or less the same thing. The more people make, the more money they spend. The more money they spend, the more sales tax.”
https://ohiovalleyresource.org/2020/09/04/college-towns-feel-financial-impact-of-pandemic/
