The Long Fight to Cancel Student Loans

Ruben Onsu

Those who object to canceling student debt usually point to income quintiles: People with large quantities of debt—i.e., people who went to graduate school—are more likely to earn high incomes. Some critics even argue that cancellation would be “regressive,” that it would give the biggest boost to high earners and those privileged enough to go to college in the first place. Conservatives often cite the unfairness of forgiveness for those who saved for college or already paid off their debts (a critique that could be levied against all progress)—or the burden on the elusive “taxpayer,” as though student

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Jasen Lee: Derek Chauvin verdict is personal to Deseret News writer

Ruben Onsu

Guilty on all charges! After a three-week trial, a now former Minneapolis police officer is convicted for the killing of an unarmed Black man that sparked protests worldwide, including in downtown Salt Lake City. While this may bring a sense of justice and “victory” to so many, can there be any winners in such a horrific tragedy?

How does one find solace in the incarceration and condemnation of a fellow human being? How does one reconcile the simultaneous feeling of relief that some modicum of justice has been served for the needless death of a man whose life was brutally

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Womply Partners with Harvest Small Business Finance to Help Underserved Businesses and Workers Access Forgivable Loans Using PPP Fast Lane

Ruben Onsu

Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, today announced a new partnership with Harvest Small Business Finance to help more of America’s struggling small businesses, gig workers, independent contractors, and self-employed people access vital Paycheck Protection Program (PPP) funding with as little friction as possible.

Adam Seery, COO of Harvest Small Business Finance, said, “We are very proud of our new partnership with Womply to help more small businesses and hard-working individuals get access to these federal PPP loans. From the beginning, Harvest has specialized in providing affordable loan

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U.S. Treasury names green financial advisor to new climate ‘czar’ post

Ruben Onsu

Senior Director for Energy and Climate Change, National Security Council John E. Morton speaks at the 2016 Concordia Summit – Day 2 at Grand Hyatt New York on September 20, 2016 in New York City.

Ben Hider | Getty Images

The U.S. Treasury on Monday named climate change financial advisor John Morton to head the department’s new “climate hub,’ to foster green finance and use tax policy and financial risk assessments to help reduce carbon emissions.

Morton, a partner with Pollination Group, a specialist climate change advisory and investment firm, had served in the Obama administration White House as senior

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Judge Rules Against Nir Meir over Loan Defaults

Ruben Onsu

1135 Lexington Avenue and Nir Meir (Google Maps, iStock)

UPDATED April 20, 2020, 11:30 a.m.: It must have seemed like a sure thing: a luxury condominium development on the Upper East Side.

To assemble the properties needed for the project, HFZ Capital borrowed $20.5 million from an Israeli investor. The developer’s top brass, Ziel Feldman and Nir Meir, provided personal guarantees on the loan in case something went wrong.

It did.

The development never got off the ground and in 2019, HFZ defaulted on its debt. But now the lender’s attempts to collect on the guarantees has become a drama

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Overcoming personal finance and debt in 2021/during the pandemic

Ruben Onsu

By Ricky Singh, Founder of SupplyLife

The past year has no doubt caused financial difficulties for many whether this is due to a loss of job, health or increased responsibilities. However, you can overcome personal finance issues and debt this year and be in a better place financially, this article will provide you insight on ways you can do just that.

Be realistic with your finances

The first step to overcoming personal finance problems is to be honest with yourself. You can do so by setting up a budget, this way you can see what your income is and what

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