Fed Challenge Group Picture Cynthia Bansak

CANTON, NY (03/02/2021)– St. Lawrence University student Samuel McMillan from Rangeley, ME, was a member of the University’s Fed Challenge team that earned second place out of 85 colleges and universities in the 17th annual National College Fed Challenge.

St. Lawrence was the only liberal arts college to earn a spot in the final round. Team members attributed their success to the critical thinking skills they acquired in the classroom and the real-world learning opportunities that faculty and alumni help to facilitate beyond it.

McMillan is a member of the Class of 2021 and is majoring in economics and business in the liberal arts.

The Fed Challenge competition encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System while playing the role of monetary policymakers, analyzing economic conditions, and recommending a course for monetary policy. The teams competed virtually due to the COVID-19 pandemic and were evaluated on economic analysis, responses to judges’ questions, teamwork, and presentation.

About St. Lawrence University:

Founded in 1856, St. Lawrence University is a private, independent liberal arts institution of about 2,500 students located in Canton, New York. The educational opportunities at St. Lawrence inspire students and prepare them to be critical and creative thinkers, to find a compass for their lives and careers, and to pursue knowledge and understanding for the benefit of themselves, humanity, and the planet. Through its focus on active engagement with ideas in and beyond the classroom, a St. Lawrence education leads students to make connections that transform lives and communities, from the local to the global. Visit www.stlawu.edu.

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