Sept. 24, 2019 | St. Louis
Is education the “great equalizer of the conditions of men,” as American educator Horace Mann called it?
Kent explains that first-generation college graduates are a key demographic to analyze because they best exemplify higher education’s promise of upward mobility. She notes that first-generation college graduates are declining as a percentage of U.S. adults with bachelor's degrees.
And while those who do become first-generation graduates get a financial boost from their degrees, it's not big enough for them to catch up to similar graduates whose parents also have four-year degrees.
After the keynote, Kent was joined by Julie Stackhouse, executive vice president of the St. Louis Fed’s Supervision division; William R. Emmons, assistant vice president and lead economist with the Center for Household Financial Stability; and Lowell R. Ricketts, lead analyst for the Center.
Stackhouse shared her experience as a first-generation college graduate, and the panelists fielded questions from the audience.