Some advocate college or homeownership as the path to building wealth and leveling the financial playing field. In this video, economists and researchers from the St. Louis Fed’s Center for Household Financial Stability and the Federal Reserve Board discuss why these achievements alone may not be enough for closing wealth gaps.
Ray Boshara, a senior adviser and the director of the Center for Household Financial Stability, served as the moderator. Answering the question were:
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