PHOTO: Samuel McMillan, of Rangeley, is a member of the St. Lawrence University team that placed second in the 17th annual National College Fed Challenge. (St. Lawrence University photo)
CANTON, N.Y. — Samuel McMillan, of Rangeley, Maine, was a member of the St. Lawrence University 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 this year, and were evaluated on economic analysis, responses to judges’ questions, teamwork, and presentation.
