The Role of Education in Wealth
Accumulation

Registration for this event is now closed.

Wednesday, Oct. 7, 2015
11:30 a.m.-1:30 p.m.

Dunn-Richmond Economic Development Center
150 E. Pleasant Hill Road
Carbondale, IL 62901
(map it)

Presentation (pdf)

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 has published a three-part series of essays, "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. They examine how a family's race or ethnicity, educational attainment and age are related to its ability to thrive financially.

At this event, co-hosted with the Dunn-Richmond Economic Development Center and the Paul Simon Public Policy Institute at Southern Illinois University-Carbondale, Bill Emmons, the essay's co-author, will present detailed information about the findings of this research. His presentation will be followed by a panel discussion with local community stakeholders, including:

This event is free; however, registration is required by Wednesday, Sept. 30, as space is limited. Lunch will be provided.

For more information, please call Mike Eggleston at 314-444-8610 or email michael.c.eggleston@stls.frb.org.