Social safety net programs provide benefits that insure against disability, poor health, unemployment, and old age. These programs stabilize the financial lives of beneficiaries. Recent work reveals that safety net programs, ...

The amount of financial debt held by seniors in the U.S. has grown substantially over the past decade. Prior research links higher levels of debt to increased psychological stress and decreased physical health. For seniors, ...

This paper studies the impact of payday loan borrowing on the financial well-being of Social Security (SS) income and Supplemental Security Income (SSI) receivers. Specifically, it focuses on the borrowing behaviors of ...

Older immigrant adults and racial ethnic minorities are more likely to be financially insecure and live in poverty compared to their U.S. born counterparts. Undocumented immigrants, in particular, may have fewer financial ...