Does College Level the Playing Field? Panel Discussion
Ray Boshara moderated the panel discussion. Lowell Ricketts of the St. Louis Fed, Angelyque Campbell, manager of the policy analysis unit in the Division of Consumer and Community Affairs at the Federal Reserve Board in Washington, D.C., and William R. Emmons, economist, were the panelists. Ricketts spoke about the role that home loans played in divergent wealth outcomes. Campbell discussed sound banking practices and the drop in house prices faced by African-Americans and Hispanics in the financial crisis. Emmons said that relying too much on something like homeownership can be devastating for vulnerable families and that consumer protection is critical.
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