Loan Deficiency payments in New Mexico totaled $63.7 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 77 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 26% | 46 | $16,468,463 | $358,010 |
Top 2% | 38% | 92 | $24,062,232 | $261,546 |
Top 3% | 47% | 139 | $29,720,594 | $213,817 |
Top 4% | 53% | 185 | $34,059,215 | $184,104 |
Top 5% | 59% | 232 | $37,719,415 | $162,584 |
Top 6% | 64% | 278 | $40,757,583 | $146,610 |
Top 7% | 68% | 325 | $43,384,666 | $133,491 |
Top 8% | 72% | 371 | $45,633,545 | $123,001 |
Top 9% | 75% | 418 | $47,619,706 | $113,923 |
Top 10% | 77% | 464 | $49,312,497 | $106,277 |
Top 11% | 80% | 511 | $50,842,108 | $99,495 |
Top 12% | 82% | 557 | $52,184,039 | $93,688 |
Top 13% | 84% | 604 | $53,383,063 | $88,383 |
Top 14% | 85% | 650 | $54,397,565 | $83,689 |
Top 15% | 87% | 697 | $55,326,841 | $79,379 |
Top 16% | 88% | 743 | $56,134,463 | $75,551 |
Top 17% | 89% | 790 | $56,867,126 | $71,984 |
Top 18% | 90% | 836 | $57,492,964 | $68,771 |
Top 19% | 91% | 883 | $58,060,863 | $65,754 |
Top 20% | 92% | 929 | $58,561,498 | $63,037 |
Remaining 80% of recips. | 8% | 3,720 | $5,118,368 | $1,376 |