As a student, Kurt Summers, BSBA ’00, was interested in business and public service. Throughout his career he has married those two interests. He did so most recently in 2014, when he became the treasurer for the City of Chicago.
While consumer spending once helped keep the economy healthy, rising consumer debt is the reason it’s getting sick. The root cause of the current economic slowdown in the U.S. goes back several decades, according to an economics professor at Washington University in St. Louis.