Tag: disability
Taking out a high-cost payday loan is an act of desperation, and people on federal disability are some of the biggest users. Nearly 6 percent of households under 66 and on disability use payday loans, compared with 4 percent of the general population, according to Haydar Kurban at Howard University, who did the analysis for…
Abstract This report provides an empirical analysis of the impact of the minimum wage on DI claims and awards. It draws on data from the Social Security Administration’s State Agencies Monthly Workload Dataset, from which a state-by-year panel of DI claims and awards is constructed for 2002-2017 and matched to data on the real effectiv…
