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Creating An Economy That Works for All: Remarks
at the Bunker Hill Community College 2023
Convocation
By Susan M. Collins

August 31, 2023
Boston, MA | Virtual
Bunker Hill Community College

Creating An Economy That Works for All: Remarks at Bunker Hill Community Co…
Co…

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

1. 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.
2. 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.
3. 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.
4. 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 (/people/bank/susan-m-collins.aspx)
Susan M. Collins is President & Chief Executive Officer of the Federal Reserve Bank
of Boston.

Resources
Keywords
community college , Higher Education , Maximum Employment , Labor markets , workforce development ,
Fed roles , child care , Working Places , collaboration
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