speeches · August 30, 2023

Creating An Economy That Works for All: Remarks at the Bunker Hill Community College 2023 Convocation

Susan M. Collins · President

August 31, 2023

Boston, MA | Virtual

Bunker Hill Community College

Takeaways from Boston Fed President Susan M. Collins’ August 31, 2023 Remarks

To build a vibrant, inclusive economy, we need the best ideas, energy, and participation from everyone. Community colleges play a critical role in this important work by providing affordable, accessible higher education and essential skill development – ultimately strengthening our economy and society.

Collins said we can and should do much more to discover and nurture the potential in people with a range of experiences and backgrounds – including individuals who may be the first in their family to attend college and individuals who may look different in appearance from those who've traditionally held particular roles.

Reflecting on her first 14 months as Boston Fed president, Collins said she's been impressed and encouraged by the leaders and residents she's met who are working to ensure everyone has a chance to participate and thrive in the economy. The Boston Fed believes in the power of collaborative leadership to make local economies stronger and more inclusive. The Bank knows from experience that tangible, practical, community-based efforts serve to strengthen our region.

Collins commended community college students for having resilience, determination, and the ability to overcome challenges. These traits, she added, give them the potential to be highly capable contributors to economy. She also shared her appreciation for the faculty and staff supporting those students.

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About the Authors

Susan M. Collins

Susan M. Collins is President & Chief Executive Officer of the Federal Reserve Bank of Boston.

Resources

Full-Text Speech (pdf)

Keywords

community college ,

Higher Education ,

Maximum Employment ,

Labor markets ,

workforce development ,

Fed roles ,

child care ,

Working Places ,

collaboration

Cite this document

APA

Susan M. Collins (2023, August 30). Creating An Economy That Works for All: Remarks at the Bunker Hill Community College 2023 Convocation. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/speech_20230831_collins

BibTeX

@misc{wtfs_speech_20230831_collins,
  author = {Susan M. Collins},
  title = {Creating An Economy That Works for All: Remarks at the Bunker Hill Community College 2023 Convocation},
  year = {2023},
  month = {Aug},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/speech_20230831_collins},
  note = {Retrieved via When the Fed Speaks corpus}
}