Loan Deficiency payments in Minnesota totaled $2.3 billion from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 49 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 12% | 622 | $268,156,435 | $431,120 |
Top 2% | 18% | 1,245 | $420,089,895 | $337,422 |
Top 3% | 23% | 1,867 | $546,007,620 | $292,452 |
Top 4% | 28% | 2,490 | $656,052,974 | $263,475 |
Top 5% | 32% | 3,112 | $754,724,312 | $242,521 |
Top 6% | 36% | 3,735 | $844,416,084 | $226,082 |
Top 7% | 40% | 4,357 | $926,405,380 | $212,625 |
Top 8% | 43% | 4,980 | $1,002,423,547 | $201,290 |
Top 9% | 46% | 5,602 | $1,073,039,416 | $191,546 |
Top 10% | 49% | 6,225 | $1,138,685,189 | $182,921 |
Top 11% | 52% | 6,847 | $1,199,887,322 | $175,243 |
Top 12% | 54% | 7,470 | $1,257,401,701 | $168,327 |
Top 13% | 56% | 8,092 | $1,311,461,907 | $162,069 |
Top 14% | 59% | 8,715 | $1,362,367,068 | $156,324 |
Top 15% | 61% | 9,337 | $1,410,296,173 | $151,044 |
Top 16% | 63% | 9,960 | $1,455,680,532 | $146,153 |
Top 17% | 64% | 10,582 | $1,498,580,769 | $141,616 |
Top 18% | 66% | 11,205 | $1,539,343,331 | $137,380 |
Top 19% | 68% | 11,827 | $1,577,925,278 | $133,417 |
Top 20% | 69% | 12,450 | $1,614,711,093 | $129,696 |
Remaining 80% of recips. | 31% | 49,801 | $709,699,288 | $14,251 |