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BUSINESS                 Monday 30 SepteMber 2019
                                                                                                                           A25

            Former college towns left to adapt to business loss




            By LISA RATHKE                                                                                                      The  city  council  in  Denver
            POULTNEY,  Vt.  (AP)  —  As                                                                                         have  approved  a  general
            colleges  and  universities                                                                                         vision  for  the  redevelop-
            come  alive  this  fall,  some                                                                                      ment  of  the  former  Colo-
            campuses  sit  closed  and                                                                                          rado  Heights  University  in
            empty after succumbing to                                                                                           Denver into mixed uses, in-
            a recent wave of fewer stu-                                                                                         cluding  housing  with  new
            dents  and  financial  chal-                                                                                        public gathering spaces.
            lenges.                                                                                                             New  fits  for  shuttered  col-
            Now communities that long                                                                                           lege  campuses  in  smaller
            hosted those historic institu-                                                                                      cities  could  be  harder  to
            tions and relied on them for                                                                                        find, leaving those commu-
            an economic boost — and                                                                                             nities in limbo.
            their  very  identity  —  are                                                                                       There  is  hope  in  Bristol,
            left to adapt to the vacan-                                                                                         where  a  Chinese  business-
            cy  and  wondering  what                                                                                            man  and  his  company,
            comes next.                                                                                                         U.S.  Magis  International
            In Poultney, Vermont, pop-                                                                                          Education  Center,  bought
            ulation 3,300, Green Moun-                                                                                          the shuttered Virginia Inter-
            tain College had occupied                                                                                           mont campus and want to
            a  prominent  spot  at  the                                                                                         open  the  Virginia  Business
            end  of  the  main  street  for                                                                                     College next fall.
            185  years.  That  changed                                                                                          In Vermont, besides Green
            in the spring, when the en-  In this Friday, Sept. 20, 2019 photograph, a sign points to an auction at Green Mountain College   Mountain   College,   the
            vironmentally  minded  lib-  in Poultney, Vt.                                                                       shuttered  Southern  Ver-
            eral arts school closed after                                                                      Associated Press  mont College is also up for
            commencement,  citing  a                                                                                            sale, and the College of St.
            drop  in  enrollment  and  fi-  now  without  it  there,"  she  college-age students. Now  city revenue."           Joseph  in  Rutland  is  trying
            nancial challenges.          said  during  a  break  from  towns are left dealing with  Hiwassee  College  closed  to reinvent itself into a pro-
            The     closure     "literally  work at a taco restaurant.  the fallout.               in the spring in rural, mostly  fessional training and edu-
            changed  the  entire  town  "We're  all  feeling  its  ab-  In Bristol, Virginia, the cam-  white Madisonville, Tennes-  cation center after it lost its
            of Poultney," said Mel King-  sence,"  she  said,  "whether  pus of the former Virginia In-  see. Not only will the com-  accreditation last spring.
            sley,  who  runs  Mel's  Place  we were a part of the col-  termont College has stood  munity be losing one of its  There's interest in the Green
            Hair  Salon,  several  blocks  lege or not."              vacant on the edge of the  largest employers, but also  Mountain College campus
            from campus, and got 30%  Across  the  country,  71  small city for more than four  "one  small  but  important  but  no  deals  have  been
            of  her  business  from  stu-  private  nonprofit  colleg-  years.                     window into a larger, more  signed,  said  Robert  Allen,
            dents.                       es  and  universities  have  "When  you  lose  a  signifi-  diverse  world,"  wrote  Ro-  the last serving president of
            "The  town  came  alive  ev-  closed   since   1995,   in-  cant  number  of  people  land  King,  former  spokes-  the school.
            ery time the students came  cluding  schools  that  an-   that's  coming  into  your  man  for  the  National  As-  Down  the  street,  the  cus-
            back, and you can feel the  nounced  they  would  shut-   downtown area on a daily  sociation  of  Independent  tomer count is down at Bob
            difference," she said.       ter in June 2020, according  basis, that does hurt the lo-  Colleges and Universities, in  Williams'  hardware  store,
            Besides the day-to-day loss  to the National Association  cal  surrounding  businesses  a newspaper editorial.      where  students  would  buy
            of students and school em-   of  Independent  Colleges  by  virtue  of  students  not  In  urban  areas,  some  pri-  fans  and  desk  lamps  and
            ployees,  communities  also  and Universities.            spending  cash  and  buy-    vate  colleges  that  have  college       maintenance
            lose  the  graduates  who  Just  12  independent  in-     ing  food  or  goods  that  closed  have  been  taken  workers  would  sometimes
            stick around.                stitutions  have  opened  in  they  would  have  normally  over  by  larger  institutions,  be in several times a day.
            Sophia Vincenza Milkowski,  that period, while 29 have  bought  when  they  were  or developers.                    "We're anxiously looking for-
            of  New  York  City,  gradu-  merged,  the  association  here  in  town,"  said  Randy  This  month,  the  Newbury  ward  to  having  something
            ated  two  years  ago  and  said.                         Eads,  the  city's  manager  College campus in the Bos-   take over," Williams said.q
            stayed in Poultney because  Schools  have  grappled  and  attorney.  "So  that  has  ton area sold for $34 million
            she liked it so much.        with a shift toward more ca-  had an impact on some of  to  investors  in  senior  care
            "We're  still  trying  to  figure  reer-oriented  training  and  the local businesses, which  housing  and  medical  of-
            out  what  Poultney  even  is  a decline in the number of  in  turn  has  an  impact  on  fice-related projects.

            Bayer using AI to improve disease diagnosis,


            drug design



            By LINDA A. JOHNSON          plex or rare conditions, has-  everything  the  AI  software  cial  intelligence  projects
            AP Medical Writer            ten drug development and  needs  to  "learn"  before  it  across   Bayer's   pharma-
            TRENTON, N.J. (AP) — Drug-   more.                        analyzes  a  patient's  con-  ceutical  business.  Answers
            makers  have  embraced  The        aspirin-creator   has  dition.  That  includes  infor-  have been edited for clar-
            artificial  intelligence  —  us-  partnered with startups and  mation on disease causes,  ity and brevity.
            ing  computers  to  analyze  other  tech  companies  to  symptoms and progression,  Q: Why use partners for de-
            reams  of  data  and  then  develop software and apps  plus  many  past  patients'  veloping  AI  software  and
            make  predictions  or  rec-  to  speed  diagnosis  and  test  results,  doctor  reports  apps?
            ommendations.                guide treatment. The com-    and scanned images.          A: These areas are so new
            Germany's Bayer has been  pany is working with hospi-     The  Associated  Press  re-  and so exploratory that you
            testing how the technology  tals,  academic  research-    cently  interviewed  Angeli  just  wouldn't  get  there  on
            can  help  diagnose  com-    ers  and  others  to  compile  Moeller,  who  heads  artifi-  time alone. q
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