Board of Governors of the Federal Reserve System

Prior to her appointment, Dr. Collins was provost and executive vice president for academic affairs at the University of Michigan, as well as the Edward M. Gramlich Collegiate Professor of Public Policy and Professor of Economics. (She retains the latter designation at the university, on unpaid leave.) Dr. Collins also served for a decade as the Joan and Sanford Weill Dean of the university's Gerald R. Ford School of Public Policy.

Previously, Dr. Collins was a professor of economics at Georgetown University, a senior fellow at the Brookings Institution, and a senior staff economist at the President's Council of Economic Advisers.

Dr. Collins received a bachelor's in economics from Harvard University, where she began her career as assistant then associate professor of economics. She earned her Ph.D. in economics from the Massachusetts Institute of Technology.