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The Role of Education in Wealth Accumulation

Registration for this event is now closed.

A new economic reality is emerging in the United States between "thrivers" and "strugglers," with race, education and age increasingly becoming determining factors between the two groups. The Center for Household Financial Stability at the Federal Reserve Bank of St. Louis is publishing a three-part series of essays titled "The Demographics of Wealth: How Age, Education and Race Separate Thrivers from Strugglers in Today's Economy." The essays are the result of an analysis of data collected between 1989 and 2013 through the Federal Reserve's Survey of Consumer Finances, including interviews with more than 40,000 heads of households during that time period. The essays examine how a family's race or ethnicity, educational attainment and age are related to its ability to thrive financially.

The second essay, "The Role of Education," was released on May 5 and examines the possible links between education and household wealth. At this event, Ray Boshara, the essay's co-author and director of the Center for Household Financial Stability, will present detailed information about the findings of this essay followed by a panel discussion with local community stakeholders, including:

  • John Jungmann, Superintendent, Springfield Public Schools
  • Francine Pratt, Executive Director, Multicultural Programs, Missouri State University
  • Dana Carroll, Springfield's Child Advocate, The Every Child Promise

This event is free; however, registration is required by Friday, June 12, as space is limited. Continental breakfast will be served.

For more information, please call Mike Eggleston at 314-444-8610 or email