WASHINGTON–The Federal Reserve has announced Consumer & Community Context, an article series that features original analysis about the financial conditions and experiences of consumers and communities, including traditionally underserved and economically vulnerable households and neighborhoods.
The goal of the series, according to the Fed, is to increase public understanding of the financial conditions and concerns of consumers and communities. The series will be published periodically and each issue will have a theme.
"Our objective is to share insights and provide context for the complex economic and financial issues that affect individuals, communities, and the broader economy," said Eric Belsky, director of the Board's Division of Consumer and Community Affairs.
The inaugural issue covers the theme of student loans, and includes articles on the effect that rising student loan debt levels may have on homeownership rates among young adults; and the relationship between the amount of student loan debt and individuals' decisions to live in rural or urban areas. Authors contributing to the series are employees of the Federal Reserve Board or the Federal Reserve System.