North Stonington Entrepreneur Is CT's Small Business Person of the Year

Carla Bartolucci, President & CEO of Euro-USA Trading/Jovial Foods of North Stonington, has been named the U.S. Small Business Administration’s 2017 Connecticut Small Business Person of the Year, SBA’s top annual award. According to the company’s website, Jovial Foods, Inc. was founded by a husband and wife team who have always been passionate about food, farming and traditions. Carla and Rodolfo met in the 1980’s in Bologna, where she was spending a year abroad studying Italian and he was studying agriculture. Both were born into family of talented home cooks, he in Italy and she in New England, and food was at the center of their childhoods.

She began her work in the organic food industry by creating the bionaturae brand of organic foods from Italy in 1996, after losing both of her parents to cancer by her mid-twenties, her website biography says.

“As soon as I set foot into an organic food store, I knew I wanted to get involved in organic farming and food manufacturing,” Carla Bartolucci explains. “After losing my parents, I couldn’t help but feel compassion for anyone suffering from disease or hardship, and creating good food, true and pure, was my way of caring for others.”

“We are extremely excited to honor a truly amazing line up of small business owners and champions this year, said Anne Hunt, SBA’s Connecticut District Director.  It is important to recognize these outstanding small businesses in the state as they are the job creators, innovators and the fabric of our local communities!”  “We hope the small business community will join the SBA and our host, SCORE for an inspiring awards luncheon on May 2nd in New Haven, CT.”

2017 Connecticut SBA Honorees:

• Woman-Owned Small Business - Elizabeth Florian, Grassroots Ice Cream
• Family-Owned Small Business - Beverlee Dacey, Amodex Products Inc.
• CT Microenterprise Award - Katalina Riegelmann, Katalina’s Bakery
• Minority-Owned Small Business - Miguel Tomassio, Taco Loco
• Young Entrepreneur Small Business of the Year - Ashley Stone, Beauty Entourage
• Financial Services Champion - Kim Rodney, Connecticut Community Bank
• Entrepreneurial Success - Flavia Naslausky & Camilla Gazal, Zaniac Greenwich
• Exporter of the Year - Monica Goldstein, Recovery Planner
• Home-Based Business of the Year - Mary Goehring, Transcription Plus

The slate of leading small businesses owners in Connecticut will be honored at the Annual Small Business Week Awards Luncheon at Gateway Community College in New Haven on May 2.

“Your hard work, innovative ideas, and dedication to your employees and community have helped you build an outstanding business that has strengthened your state’s economy. The SBA is pleased to celebrate your achievements and recognize your personal role in driving our nation’s economic growth,” said Linda McMahon, administrator of the Small Business Association and a longtime Connecticut resident. The 2017 National Small Business Person of the Year will be announced at the ceremonies, along with three runner-ups.

Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners.  This year, the dates are April 30 - May 7, 2017, with national events planned in Washington, D.C., New York City, Indianapolis, Dallas, and Fresno, California.

For more information and a complete list of Small Business Week events during the week of April 30 - May 7, 2017, visit www.sba.gov/ct.

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World’s Most Ethical Business: Three Headquartered in CT

Three Connecticut-based companies are among the world’s most ethical businesses. Norwalk-based Xerox Corp, Danbury’s Praxair Inc., and The Hartford, located in the Capital City are on the 2017 list developed by Ethisphere Institute, a Scottsdale, Arizona organization that measures corporate ethical standards.  The annual list has been published since 2007.

The Ethisphere Institute announced 124 companies spanning five continents, 19 countries and 52 industry sectors as the 2017 World’s Most Ethical Companies® honorees.

Ethisphere honors companies that “recognize their role in society to influence and drive positive change in the business community and societies around the world,” a news release announced the list stated. “These companies also consider the impact of their actions on their employees, investors, customers and other key stakeholders and leverage values and a culture of integrity as the underpinnings to the decisions they make each day.”

Xerox is one of only 13 honorees that have been named to the list for all 11 years, underscoring the company’s commitment to leading ethical business standards and practices.  The Hartford earned a spot on the list for the ninth time.

“At Xerox, we take great pride in our name being synonymous with innovation, quality and integrity,” said Jeff Jacobson, chief executive officer of Xerox. “We are committed to doing business the right way, with the highest degree of ethics and in compliance with laws worldwide.”

Among the 2017 list of companies are 13 eleven-time honorees and 8 first-time honorees. 2017 also marks the first-time appearance of a Mexico-based company.

The methodology is weighted into five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%).  Non-profit colleges and universities, governments, governmental agencies, and NGOs are not considered for inclusion on the list.

“At Praxair, ensuring a culture of ethics and compliance is paramount to doing business the right way and is top of mind for all of our global employees,” said Steve Angel, Praxair chairman and chief executive officer. “It is a great honor to be recognized as a World’s Most Ethical Company and I thank all of our employees for their dedication to our core values and making this accomplishment possible.”

“Over the last eleven years we have seen an impressive shift in societal expectations, aggressive emergence of new laws and regulation and geopolitical swings that can further disrupt the balance. We have also seen how companies honored as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion and focus on long term-ism as a sustainable business advantage. In short, these companies are transformative, not just out of need, but because they recognize that integrity is the key to their advancement,” explained Ethisphere CEO, Timothy Erblich.

Xeorx is one of 13 companies have made the list every year, including: Aflac, Deere & Company, Ecolab, Fluor, GE, International Paper, Kao Corporation, Milliken and Company, PepsiCo, Starbucks, Texas Instruments, and UPS.

The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way, according to the Institute. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.

Municipal Finance to be Focus of Conference, State Leaders

State aid to municipalities will be the focus of attention Wednesday at the State Treasury’s Public Finance Outlook Conference, when Office of Policy and Management Secretary Ben Barnes is joined on a panel by House Minority Leader Themis Klarides and House Speaker Joe Aresimowicz before an audience of finance officials and municipal leaders from communities across the state. Proposed reductions and revisions to municipal aid, a by-product of the state’s anticipated deficit, have been the source of much conversation and contention in recent weeks, with leaders of the state’s cities and towns raising concerns about plans that would have them pay more for resident state troopers, teacher retirements, K-12 education and other programs.

The Connecticut Conference of Municipalities (CCM) recently pointed out that while the state economy grew by 17 percent between 2006 and 2015, state expenditures grew by 48.9 percent during the same period. The organization also reported that excluding K-12 education, local general government expenditures in Connecticut rank 50^th out of all states and the District of Columbia as a percentage of the U.S. Treasury’s measure of total taxable resources.

In a report recommending changes in the state’s fiscal relationship with cities and towns, CCM observed that “for over a decade prior to the Great Recession, governments in the state benefited from a strong economy and stable revenue. But this stability depended on reliable, adequate state aid and the local property tax. The lack of diversity in revenue sources and uncertainty at the state level are now eroding the capacity of local governments to meet their obligations to the public.”

State Rep. J.P. Sredzinski (R-112) wrote last month that “Monroe ranks among the top ten ‘biggest losers’ in terms of how much municipal aid was cut compared to their town budgets. For Monroe, the costs that the governor’s budget proposal will shift onto taxpayers clock in at a whopping $6.5 million for this year alone – nearly 10% of our revenue. This unprecedented transfer of costs is neither predictable, nor sustainable.”

The day-long conference on March 29 will also include a panel discussion with the U.S. Head of Government Regulations and Regulatory Policy, Bret Hester, and a review of methods to protect municipal governments from cyber hacking and theft, featuring David Geick, Director, IT Security Services, Bureau of Enterprise Systems and Technology, State Department of Administrative Services; Christopher Hauser, 2nd Vice President, Cyber Risk, The Travelers Companies, Inc.; Jack McCoy, Chief Information Officer, Town of Manchester.

An economic update, highlighting current and anticipated trends, will be provided by the state Department of Labor’s Patrick Flaherty, Assistant Director of Research and Information, and the Treasury’s Short-Term Investment fund and Municipal Employees Retirement Fund will provide updates.

The Treasurer’s Short-Term Investment Fund (STIF) is a Standard & Poor’s AAAm rated investment pool of “high-quality, short term money market instruments,” the Treasury website explains. STIF serves as an investment vehicle for the operating cash of the State Treasury, state agencies and authorities, municipalities, and other political subdivisions of the State. As of June 30, 2015, the fund administered 939 active accounts for 67 state agencies and authorities and 222 municipalities and local entities in Connecticut.

The conference will be held at Rentschler Field in East Hartford.

PERSPECTIVE: Connecticut’s Upside-Down Property Tax System

by Ellen Shemitz and Ray Noonan There is something terribly wrong with taxes in Connecticut, but it is not what the conservative think tanks would have you believe. State and local taxes in our state are not troubling because they are too high across the board; they are troubling because they are wildly unfair, asking those with the least to pay far higher rates than those with the most resources.  This upside-down tax system hurts not only working families struggling to make ends meet, but it also harms the long term economic health of the state, making us less competitive by holding back thousands of children and parents from contributing their full potential.

Thriving communities are made possible by good schools, clean streets, safe neighborhoods, and other public services. To support these building blocks of economic development, Connecticut towns need a stable revenue system that provides them with adequate resources.  Addressing that need requires a hard look at our property tax system, which largely leaves towns on their own to fund local services and as a result creates huge disparities in opportunity.

For the 2015-2016 school year, Greenwich homeowners paid $1,127 in property taxes for every hundred thousand dollars of home value and in return received education funding of $21,331 per pupil. In contrast, Bridgeport homeowners paid $4,220 per hundred thousand dollars of home value yet received $14,343 per pupil in return—in other words, far higher taxes for far fewer educational resources. Since education funding affects educational and life outcomes, these differences result in differences in opportunity for Connecticut’s children based solely on where they are born.

Connecticut didn’t arrive at this situation by accident. Decades of “redlining,” or systematically denying investment to communities of color, prevented these communities from sharing in America’s postwar wealth. Years of restrictive covenants—contracts mandating that property be sold only to whites—excluded families of color from wealthier communities. Today, exclusionary zoning policies limit affordable housing across the state, denying low-income families the opportunity of a better education for their children. Inequalities that took generations of intentional policy to enact will take big ideas to fix.

One big idea Connecticut should consider comes from neighboring Vermont. To fund its schools, Vermont levies a statewide property tax that ensures equal education dollars for equal property tax rates. Applied here, children in Greenwich would still benefit from $21,331 per student in education funding, but the tax rate needed to raise that amount of money would be the same in Greenwich as it would be in every other town in the state. Conversely, Bridgeport could continue to spend $14,343 per pupil, but would no longer be compelled to charge as high taxes solely because of its restricted property base. We found that such a system in Connecticut would benefit 75 percent of residents in 117 cities and towns.

This system would also revitalize economic development in Connecticut by reinvigorating growth in our dense urban cores and inner-ring suburbs. Currently, large disparities in property tax rates between neighboring communities discourage development in the very places to which businesses and young families want to move. The state program in place to alleviate this problem, Payment in Lieu of Taxes (PILOT), has never been fully funded. By fully funding PILOT and reducing these disparities, a statewide property tax would better align business incentives with state priorities.

For too long our laws have unfairly limited who is entitled to the benefits of living in a community that can afford good schools. Surely changes in the law today can ensure that, at the very least, those benefits are not afforded at a steep discount.

______________________________

Ellen Shemitz is Executive Director and Ray Noonan is Associate Policy Fellow for Connecticut Voices for Children.  

Number 9: CT Among Nation's Leaders in Innovation

Connecticut is the nations 9th most innovative state, according to a new analysis by the financial website WalletHub.  The state also placed sixth in research & development spending per capita and ninth in venture-capital funding per capita, the review of the 50 states found. Overall, the top 10 most innovative states included District of Columbia, Maryland, Massachusetts, California, Colorado, Washington, Virginia, Utah, Connecticut and New Hampshire.  New Jersey ranked #12 and New York was #16.  At the other end of the spectrum, the least innovative states were Louisiana, Mississippi and West Virginia.

In individual categories, Connecticut placed:

• 13^th – Share of STEM Professionals
• 14^th – Share of Science & Engineering Graduates Aged 25+
• 15^th – Projected STEM-Job Demand by 2020
• 15^th – Avg. Internet Speed
• 24^th – Share of Technology Companies
• 27^th – Eighth-Grade Math & Science Performance

WalletHub’s analysts compared the 50 states and the District of Columbia across two key dimensions, “Human Capital” and “Innovation Environment,” evaluating those dimensions using 18 relevant metrics.

The Norwalk Hour is reporting that Connecticut Public Television is moving forward with its plan to create an innovation and tech center along Wall Street in the heart of Norwalk. The project would require bonding from the state, with Connecticut Public Broadcasting borrowing another $5 million to $7 million, Hearst Connecticut Media learned last October.

The Connecticut Technology Council's annual Women of Innovation event takes place next week, on March 29.  The Women of Innovation event seeks to create :"a growing network of women in the “trenches” of STEM." Finalists are the scientists, researchers, academics, manufacturers, student leaders, drafters, entrepreneurs, and technicians "who create tomorrow’s advancements through their tireless efforts today," the organization said.  The awards will recognize Academic Innovation and Leadership at the High School and College level, Community Innovation and Leadership, Entrepreneurial Innovation and Leadership and Research and Innovation Leadership, as well as innovation and leadership at small and large businesses.

Data used to create the ranking were collected from U.S. Census Bureau, Bureau of Labor Statistics, National Science Foundation, National Center for Education Statistics, Georgetown University’s Center on Education and the Workforce, United States Patent and Trademark Office, Ewing Marion Kauffman Foundation, Tax Foundation, Consumer Technology Association, Akamai Technologies, U.S. Cluster Mapping Project and National Venture Capital Association.

Achieve Hartford Aims to Push for Progress in Hartford Schools, From Top Down and Bottom Up

In the aftermath of Hartford Mayor Luke Bronin’s State of the City address and a comprehensive three-part investigative series published by the Hartford Courant examining the city’s decades-long response to the Sheff decision on integration and quality education, Achieve Hartford! is preparing for its second annual fundraising event and intensifying efforts to encourage sustainable education progress in the city. “Compare the mayor’s role in addressing the fiscal crisis, promoting regionalization, union renegotiations, the fight against blight, or key quality of life issues like resolving a flawed 311 system,” the organization said this month. “In each of these areas as well as several others, Mayor Bronin and his leadership team came together publicly and with a clear mandate directed from the top across departments to solve problems, making the combined whole greater than the individual roles and parts.  Now is a time where city leaders are called to step up as education leaders.”

In promoting their second annual “Inspire Hartford” event slated for May 11, organizers are urging attendees to “see innovation in action” and hear “uplifting stories of success.” They add: “learn how innovative ideas and new technology are training the next generation of bright dreamers and big thinkers. Get educated—and be inspired.”

The keynote speaker will be Charles Best, who leads DonorsChoose.org, the pioneering crowdfunding nonprofit where anyone can help a classroom in need. At DonorsChoose.org, public school teachers create classroom project requests and donors can choose the projects they want to support. Best launched the platform in 2000 out of a Bronx public high school where he taught history. Today, more than two thirds of U.S. public schools have at least one teacher who has created a project request on DonorsChoose.org, and 1.8 million people have donated $360 million to classroom projects reaching 16 million students.

Achieve Hartford!, which was formed in 2008, is an independent nonprofit organization founded by business and community leaders “with the belief that strong schools lead to a strong city,” noting that  “Mayors, Boards of Education and Superintendents change over time.”

“We are doing everything we can to lay out a blueprint for systemic change in Hartford that can help guide collective efforts to improve schools, and we look forward to working with the mayor, the next superintendent, and so many others critical to putting education reform in Hartford back on track,” the organization said earlier this month, while noting that Bronin indicated “strengthening our neighborhood schools must be the single most important priority for our new Superintendent, and I pledge to be a full partner.”

Last week, the search for a new Superintendent for the city was narrowed to two candidates: Acting Superintendent Leslie Torres-Rodriguez and Capital Region Education Council (CREC) Assistant Superintendent for Operations Tim Sullivan.

Achieve Hartford warned that “If Hartford leaders, stakeholders, and families put the responsibility for fixing Hartford schools solely on the new superintendent, we should not expect either finalist to be successful.  The responsibility must be shared amongst the Board of Education, City Hall, the corporate community, philanthropy, nonprofit partners, and even our robust institutions of higher education.”

The organizations stresses that it works “toward improving education in our city by innovating ways to address some of our toughest issues, activating the community to take ownership of problem solving, and holding our leaders and educators accountable for advancing student achievement.”

Summarizing recent activities, the organization’s website says succinctly, “there is a lot of conversation but, ultimately, not much action.”

“Developing great schools require not only that the school system operate with excellence, but also our entire community,” the organization’s website points out. “It takes a village to educate a child, and it is our job to help stakeholders play their unique set of roles for school improvement now, and long into the future.”

The May 11 fundraising event will take place at the Hartford Hilton.

Local College Students Selected by US State Department for Intensive Foreign Language Training

Four University of Bridgeport students have been awarded U.S. Department of State Critical Language Scholarships, among the most competitive in the field, to spend the summer abroad at intensive language programs. The Critical Language Scholarship (CLS) program is part of a U.S. government effort to dramatically expand the number of Americans studying and mastering foreign languages deemed to be of particular importance. They include but are not limited to: Arabic, Azerbaijani, Chinese, Persian, Russian, and Urdu.

Students Ana Rena, Justin Sabo and Fernando Gonzalez have been accepted into the Arabic language study program at a site still yet to be determined in the Middle East.  According to the State Department’s website, Arabic is taught in Amman, Jordan; Meknes, Morocco; Tanfier, Morocco; and Ibri, Oman.

UB student Sung Soon Gavel won a CLS to study Korean at Chonnam National University in Gwangju, South Korea.  The CLS Korean Program in Gwangju, Korea provides students opportunities to learn Korean both inside the classroom and in an immersive cultural setting during an intensive 8-week language program set in Korea’s sixth-largest city located just south of Seoul. Students receive a minimum of 20 hours per week of classroom instruction where they learn the four major skills of speaking, listening, reading and writing in Korean.

CLS Program institutes at 24 locations around the world cover approximately one academic year of university-level language coursework during an eight- to ten-week program and are designed to meet the needs of students from a variety of language levels and backgrounds.

The scholarships are highly competitive; just 10 percent of students who apply to the program are awarded one. But since 2011, eight University of Bridgeport students, including the four 2017 winners, have won them.

“As an application evaluator for the Critical Language Scholarships, I can confirm that the pool of applicants to the program include some of the nation’s brightest students at leading universities across the country. So having one CLS winner, or even having students make it to the final rounds, would be worthy of celebration. The fact that four were granted awards is a phenomenal testament to our students’ hard work.  They make us very proud,” said Brandon LaFavor, director of UB Education Abroad Resource Center.

Formal classroom language instruction is provided for a minimum of 20 hours per week. Extracurricular activities are designed to supplement the formal curriculum, including regular one-on-one meetings with native speaker language partners for conversational practice, as well as cultural activities and excursions designed to expand students’ understanding of the history, politics, culture and daily life of their host country.

In past years, students from institutions including University of Connecticut, Connecticut College, Trinity College, Wesleyan University, Quinnipiac University and Central Connecticut State University have also been selected to participate.  Most recently, a UConn student was selected to learn Hindi in India in 2016, and two Wesleyan students were selected last year to learn Russian and Hindi.

The Critical Language Scholarship Program is a program of the United States Department of State, Bureau of Educational and Cultural Affairs. CLS is administered by American Councils for International Education.

This year’s group of Critical Language Scholars from UB are all enrolled at the College of Public and International Affairs (CPIA) at the University. The school’s six undergraduate and four graduate programs groom students in fields related to diplomacy, including international security and global development. CPIA alumni have gone on to work for the FBI, the Department of State, Defense Department, United Nations, Council of Europe, as well as global NGO’s (non-governmental organizations) and private industry.

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Connecticut Main Street Center Award Winners Reflect Excellence, Community Involvement

A downtown management organization engaging the community in envisioning two underutilized parks as places that downtown residents, visitors, workers and families can mingle with artists and creatives, and a regional planning organization that created a program focused on supporting local businesses, creating jobs and filling vacant spaces in eight village centers are just two of this year's Awards of Excellence winners being recognized by the Connecticut Main Street Center (CMSC). In total, eight recipients have been selected to receive the prestigious awards, including organizations and initiatives from Bridgeport, Unionville Village in Farmington, Hartford, Meriden, New Britain, New Haven, and the Northwest Corner.  The awards will be presented at CMSC's Vibrant Main Streets event in the atrium of the Legislative Office Building on May 18 in Hartford.

The other winning entries include:

• a 14-acre flood control project that created a public park and mixed-use economic development in downtown Meriden;
• a comprehensive and complete overhaul of the City of Hartford's zoning language and process;
• an interpretive wayfinding/signage program that connects Walnut Hill Park, Little Poland and Downtown New Britain;
• the restoration of a historic ball bearing mill on the banks of the Farmington River into a mixed-use campus in the heart of Unionville Village;
• a Twilight Bike Race & Street Festival that celebrates biking, food, culture and entertainment in Downtown New Haven; and
• the redevelopment of a 1903 factory building into 72 units of market rate housing within easy walking distance of jobs and transit in downtown Hartford.

"This year's winners represent both catalytic and keystone initiatives that ignite and support significant positive change in Main Street communities," said CMSC Associate Director Kimberley Parsons-Whitaker. "From engaging the community in playing a proactive role in local economic development and envisioning new life for their historic public places, to the complex redevelopment of historic mills and factories for modern residential and commercial uses, our 2017 award recipients are leaders in re-imagining Main Streets."

In addition to its Awards of Excellence, CMSC also named the recipient of its 2017 Founder's Award, presented by Eversource Energy. CMSC founding President & CEO John Simone, who will retire in August, was selected to receive the Founder's Award for his more than 17 years of leading the organization's evolution as the voice of downtown, and for championing the tools, resources and political will needed for Connecticut's Main Streets to thrive.

Connecticut Main Street Center's mission is to be "the catalyst that ignites Connecticut’s Main Streets as the cornerstone of thriving communities."  CMSC works at both the local and State level to create and implement successful downtowns that meet the needs of residents and visitors. The organization describes a successful downtown as "one that incorporates housing, retail, social and business opportunities with transportation options for all users – walkers, cyclists, motorists and more."   Created in 2003 to recognize outstanding projects, individuals and community efforts to bring traditional downtowns and neighborhood commercial districts back to life, socially and economically, the Awards of Excellence are presented annually.

2017 Connecticut Main Street Center Awards of Excellence

CT Main Street Catalyst Awards

•  Meriden Green - Recipient: City of Meriden. Partners: State of CT (DECD, DEEP, DOT); U.S. EPA; FEMA; Army Corps of Engineers; Meriden Flood Control Implementation Agency; Milone and MacBroom; AECOM; and La Rosa Construction.
• Downtown Bridgeport Placemaking Program & Downtown Farmers Market at McLevy Green - Recipient: Bridgeport Downtown Special Services District. Partners: Project for Public Spaces; New Venture Advisors LLC.
• ZoneHartford: Form-Based Code Zoning Regulations - Recipient: City of Hartford. Partners: Fitzgerald & Halliday, Inc.

CT Main Street Keystone Awards

• Collaborative Shared Economic Development Services Project - Recipient: NW Hills Council of Governments. Partners: Goman+York; One Eleven Group; State of CT (OPM); Towns of Canaan/ Falls Village, Cornwall, Goshen, Kent, North Canaan, Norfolk, Salisbury/Lakeville and Sharon
• New Britain Historic Trails & Signage Program - Recipients: City of New Britain; TO Design LLC. Partners: National Parks Service
• Upson Market Place, Unionville - Recipient: Brian Lyman of Parker Benjamin Real Estate Services LLC. Partners: Town of Farmington.
• New Haven Grand Prix: a Twilight Bicycle Race & Street Festival - Recipients: CT Cycling Advancement Program; Town Green District (New Haven). Partners: City of New Haven; Taste of New Haven.
• Capewell Lofts, Hartford - Recipient: CIL. Partners: Capital Regional Development Authority; State of CT (DECD); InsurBanc; Guilford Savings Bank; Crosskey Architects; TO Design

CT Has Nation’s Highest Average Rate of Student Debt, Topping $35,000 Per Borrower

In 2017, more than 44 million Americans are working to repay student debt.  Nowhere in the nation is the challenge and burden of student debt more acute than in Connecticut, which has the highest student-debt-per-borrower average in the United States. At $35,947, Connecticut’s average student loan debt outpaced the nation, where, on average, borrowers are working to repay more than $28,000 after graduation.  That’s according to student loan and refinancing marketplace website LendEDU.com’s recently released study and analysis.  LendEDU has pointed out that 59 percent of college graduates in the state have student loan debt. 

In addition to having the highest student-debt-per-borrower average, according to LendEDU’s analysis, Connecticut has the:

• 12th highest percentage of graduates with debt (68%)
• 29th highest default rate (5.66%)
• 31st highest college enrollment (133,999)

Student loan debt is the second highest form of debt in the U.S., second only to mortgages, according to LendEDU.  In addition, nationwide:

• Over 40% of borrowers have delayed starting a family because of their debt
• Over 60% of borrowers have delayed buying a car because of their debt
• Over 70% of borrowers have delayed saving for retirement because of their debt
• Around 75% of borrowers have delayed buying a home because of their debt

In terms of average student debt, among the states with the highest levels, after Connecticut, are New Hampshire (#49), Pennsylvania (#48), Rhode Island (#47), Delaware (#46),  Massachusetts (#45), New Jersey (#44), Minnesota (#43), Iowa (#42), South Carolina (#41), and New York (#40).

At $42,912, the average student debt per borrower in Connecticut’s 4th Congressional District, is not only higher than the state average, but is the highest among Connecticut’s five congressional districts.

In the 1^st Congressional District (Rep. John B. Larson) it’s $32,003; in the 2nd (Rep. Joe Courtney), $28,900 the 3^rd (Rep. Rosa L. DeLauro), $38,255; and the 5^th District (Rep. Elizabeth Esty), $20,246.

The portion of graduates with student debt in 4^th District is 70% — tying with the 3rd District for second highest in the state. At 84 percent, the 5th Congressional District has the highest portion of graduates with debt in the state, while the 1st District has the lowest, at 52 percent.

While the student loan default rate in U.S. Rep. Jim Himes’s district (4.99%) is lower than the state average, it is the second highest in the state. The 5th District has the highest student loan default rate, at 11.84 percent, while the 3rd District has the lowest, at 3.73 percent.

The largest college going population is in the New Haven-centered 3^rd Congressional district, with enrollment of 46,440 students, according to the website.  The 4th Congressional District has a total college enrollment of 21,537, just behind the 3rd District (46,440) and 5th District (22,451). The 2nd Congressional District has the smallest enrollment total in the state, at 11,605.

Among the state’s public colleges, the average student debt ranged from UConn’s $25,000 to Central Connecticut State University’s $27,920.  Among all the state’s colleges and universities, among those with the highest average debt levels are Quinnipiac University, Sacred Heart University, and University of New Haven, all in the top 10 nationally with average student debt exceeding $40,000.

PERSPECTIVE: Public + Private = Powerful

by Rie Poirier-Campbell It’s no secret that the Hartford Public Schools are facing severe budget challenges, tied largely to our city’s and state’s grave financial pains. In fact, the magnitude of the problem in the school district is unprecedented, with a gap of as much as $20 million predicted for next school year.

Recently, Aetna, Travelers and The Hartford stepped up to help our city in a big way: pledging a combined $10 million each year for five years to ease the budget crisis, and – equally important – calling on other corporations to join them. This is the kind of fresh, civic-minded, business-smart, public/private approach that can help our community begin to dig out and move forward.

Public/private partnerships aggregate and focus new resources to public needs in a way that a strict reliance on tax dollars never can. They also bring highly creative thinking, enthusiastic teammates and often more cost-effective systems for delivering needed services.

Public/private partnerships are more than just an extra source of revenue. They’re a new way of doing business. Like all partnerships, they may take more work and ramp-up time than going it on your own. And they take ongoing investment on both sides. But the payoffs are far greater.

That’s the idea behind Hartford Performs’ partnership with the Hartford Public Schools. A few years ago, when Hartford students’ test scores were at their lowest, our region’s vibrant arts community asked the school district how it could help. Many arts organizations and teaching artists had done some work in the schools and saw how adding music or theater techniques to a lesson could help children learn. They, along with classroom teachers, knew that when students get up and dance like planets in the solar system, they internalize abstract concepts such as rotation and revolution. When they act out a scene from a book, they better understand the characters’ motives and develop empathy.

What they also knew was that, while some students in Hartford had access to this kind of innovative teaching approach, most did not. What was needed was a system for making sure that every student, regardless of grade or school, have the benefit of arts experiences that would help them learn core subjects.

So the school district and the arts community created a public/private partnership to build that system. Hartford Public Schools invested financial resources; arts organizations invested human resources and innovation; and forward-thinking corporations and foundations created leverage by underwriting the infrastructure to make it all work.

The result is that, today, every Hartford Public School student from prekindergarten through eighth grade has teaching artists visit their classrooms several times a year to help them understand things like fractions, adverbs, the water cycle and the Emancipation Proclamation, by drawing, dancing, drumming and dramatizing. The students are not only learning, they’re enjoying what they’re learning. It’s such a powerful model. I will never forget seeing a student’s eureka moment when he finally figured out what one-eighth meant by coloring it out with a teaching artist.

The numbers bear out how well this approach works. Teachers who participated in a recent independent evaluation said that Hartford Performs programs helped their students develop vocabulary (92%), express themselves verbally (88%), develop active listening skills (96%), work collaboratively with other students (86%), develop problem-solving skills (75%), retain information (93%), develop social skills (89%) and express themselves in writing (65%).

None of this would have been possible without the public/private partnership that developed this broad-reaching and cost-effective system of services for Hartford kids. Further, it’s easy to see how this model can be replicated to serve Hartford students in other areas, such as sports, life skills, civics or vocational/technical learning.

Even – and I would argue especially – in tight budget times, this model is well worth continued investment by all partners, private and public, who are interested in advancing the achievement of Hartford students.

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Rie Poirier-Campbell is Executive Director of Hartford Performs