Provo experiences a similar division, perhaps common in college towns, between permanent residents (“townies,” though I hate that moniker) and students. Those divisions can be further broken down between old time townies — the kind of people who have lived in the city long enough to perhaps personify its past industrial character — and the relative newcomers, like myself.
Provo is not a rust belt city, and in many ways has advantages over that region. Moreover, the area universities continue to draw many young people, and Utah County is building a decent technology-based economy.
But at least in Provo, the division between the populations has the potential to hamstring the city. Young creative people are one of the greatest resources that Provo has, and more thought needs to go into enticing them to reside in the city after they’re done with school.