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September 2, 2016

University of Illinois Extension welcomes Steve Groner as Extension Educator, Community and Economic Development, serving Edwards, Lawrence, Richland, Wabash, and Wayne Counties. Steve began the positon last month, and comes to Extension from his most recent position as Director of the Institute for Entrepreneurial Success at Kaskaskia College. For resource information or programs that could help benefit your business or organization, contact Steve at stevenrg@illinois.edu or call 618-943-5219.

The Federal Reserve Bank of St. Louis reports that loan-delinquency rates vary significantly across demographic dimensions, including age, education level (which may stand in for socioeconomic status) and race or ethnicity. In particular, younger, less educated and nonwhite families are much more likely to miss loan or other payment obligations than older, better educated and white families. Do "delinquency-prone" demographic characteristics underlie a greater "taste for risk," or are families with certain demographic characteristics exposed to greater risk for reasons they did not choose and cannot control? Survey evidence collected over about 25 years points toward structural factors related to demographic characteristics rather than individual risk preferences as the better explanation for varying delinquency risks.
 

Seventy-six rural hospitals have closed since 2010, according to the Rural Health Research Program at the University of North Carolina at Chapel Hill — and the rate is picking up, according Mark Holmes, the program director. Holmes attributed the trend to changes in how health care is paid for and delivered, declining populations in rural areas and increasingly integrated large health systems.

UPCOMING EVENTS
  September 15 - Comprehensive Economic Development Strategies at Work in Illinois telenet - Noon
September 29-October 1 - 2016 Regional Neighborhood Network Conference
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