College Brings Opportunity, but Paying for It Offers Challenges, Fed Chair Says

By Beckie Supiano. Higher education is one of the “cornerstones” of economic opportunity, Janet L. Yellen, chair of the Federal Reserve Board, said on Friday in an unusual and closely watched speech about growing inequality. But her remarks, given at the Federal Reserve Bank of Boston, did not cast higher education’s role in an entirely favorable light. More...