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Spectrum News 1: Bank collapse may lead to tighter lending standards

March 29, 2023

Silicon Valley Bank (SVB), which was taken over by regulators from the Federal Deposit Insurance Corporation (FDIC) earlier this month amid a massive bank run, was acquired by First Citizens Bank on Monday. And now, consumers could face a harder time acquiring loans, as banks tighten lending standards.

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How student loan forgiveness could affect the economy

March 8, 2023

The Supreme Court's decision as to whether President Joe Biden has the authority to cancel student loan debt will affect the economy and how people think about financing their college education, University of Cincinnati economist Michael Jones said.