• At universities such as Duke,
Notre Dame and Penn State, it’s like
a scene from that Rodney Danger-field movie Back to School: retirees
taking lecture notes, cheering on
the basketball team and soaking in
the vibes of campus life. The idea of
linking senior housing with higher
ed has been around since the 1960s,
but it’s taken of since the recession; today roughly 75 university-associated retirement communities
are scattered around the country.
Some are developed by for-profit
companies; others are continuing-care retirement communities
(CCRCs) run by the schools or by
nonprofits that share branding
with the college. The communities
• So you’ve got a world-changing
idea for a new tech business.
You’re in good company: Despite
the popular image of the tousled
twentysomething tech tycoon,
there are twice as many U.S.-born
technology entrepreneurs over
50 as there are such entrepreneurs
younger than 25, according to
the Kaufman Foundation. And
you don’t have to pull up stakes
and move to Silicon Valley to
launch your business: Start-up
hubs are springing up in small and
midsize cities across the country,
including a few surprising locales
TOP METRO AREAS FOR
Fort Collins-Loveland, Colo.
San Jose-Sunnyvale-Santa Clara, Calif.
San Francisco-San Mateo-Redwood
Washington, D.C.-Arlington-Alexandria, Va. (also Md. and W.Va.)
Colorado Springs, Colo.
Colleges cash in on retirees
who yearn to return to campus
22 HOURS Amount of time the
average computer user spends each
year waiting for Web pages to load
tout lifelong learning perks for the
residents, who can audit classes and
participate in campus activities.
And college life can improve
your health, says Rhoda Meador,
Ph.D., director of the Gerontology
Institute at Ithaca College in New
York, which has a relationship with
Longview, a nearby retirement community. “Residents repeatedly say
they’ve enjoyed and benefited from
the intergenerational activities they
participate in,” she says.
But the biggest fans of this new
trend may be university development ofcers: Roger L. Williams,
executive director of the Penn
State Alumni Association, says the
neighboring CCRC, The Village at
Penn State, has been a significant
source of philanthropic donations.
“Some of our most loyal and ardent
alumni,” he notes, “want to come
back to the warm embrace of their
alma mater.” —Scott Carlson
You’ll never guess
where the new
Silicon Valleys are
Top of the class Residents at the Longview retirement community in Ithaca,
New York, mix with students from nearby Ithaca College.