Monday, May 21, 2012

The Time Between The Chapters

     A transitional period is always difficult to handle.  Its where we test ourselves, where we paint a better picture of who we are and who we want to become.  With Spring closing its door, and the summer causing us to open our windows, many young people are in this "Time Between The Chapters."  As graduations continue to press on, so do those who have graduated.  Many unfortunately, do not stay where they have been educated.  Instead, they move to where the high paying jobs are, their land of opportunities.  It is due to this "brain drain," that many cities are failing.

     I attended Michigan State University; as I am sure you know, Michigan is not a hotbed for high paying jobs the way it was years and years ago.  Due to this fact, many of my friends, classmates, and colleagues, have moved to greener pastures.  The majority of them moved to Chicago, with several others, like myself, dotted around the nation.  We do this because of the ever rising cost of higher education.  I went to a state school, which is significantly less expensive than a private college.  Cities, and States that house these private colleges must work extra hard to produce the high quality jobs these students, yearn for and learned for.  Otherwise, they will face the hard reality of losing members of their community.

     When you go to college, you become part of a group, part of a school, part of movement, part of an identity; it is these parts that create that community.  If a city or state does not put forth the effort to retain these community members, it is like you are taking the elders out of a village, and as you know, "it takes a village to raise a child." The absence of these past members only diminishes the education process for these students' development because their is no local example of what they can become, or what they can achieve.

      For how much potential New Orleans has as a major business hub, there is only 1 Fortune 500 company here in New Orleans.  The CBD does contain several very notable businesses such as, Whitney National Bank, Pan American Life Insurance, and The Receivables Exchange, but for major companies, the city of New Orleans can do better.  For New Orleans to change for the better, it must continuously address its level of "brain drain" and work to further its creation of high paying jobs for those who possess specialized talents and skill sets.

Thanks for reading,

Here's a link to the receivables exchange, to see how their business helps other businesses.
Also, look at one of my earlier post to find information about the Biodistrict.

The Receivables Exchange

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