Loan Deficiency payments in Virginia totaled $186 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 72 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 20% | 75 | $36,381,667 | $485,089 |
Top 2% | 32% | 151 | $58,916,349 | $390,175 |
Top 3% | 41% | 227 | $75,940,131 | $334,538 |
Top 4% | 48% | 302 | $89,201,259 | $295,368 |
Top 5% | 54% | 378 | $100,031,590 | $264,634 |
Top 6% | 59% | 454 | $109,090,330 | $240,287 |
Top 7% | 63% | 529 | $116,681,637 | $220,570 |
Top 8% | 66% | 605 | $123,291,048 | $203,787 |
Top 9% | 69% | 681 | $129,068,739 | $189,528 |
Top 10% | 72% | 757 | $134,094,117 | $177,139 |
Top 11% | 74% | 832 | $138,417,629 | $166,367 |
Top 12% | 77% | 908 | $142,381,630 | $156,808 |
Top 13% | 78% | 984 | $145,949,659 | $148,323 |
Top 14% | 80% | 1,059 | $149,100,823 | $140,794 |
Top 15% | 82% | 1,135 | $151,993,826 | $133,915 |
Top 16% | 83% | 1,211 | $154,616,882 | $127,677 |
Top 17% | 84% | 1,286 | $156,960,699 | $122,053 |
Top 18% | 86% | 1,362 | $159,139,308 | $116,842 |
Top 19% | 87% | 1,438 | $161,131,528 | $112,053 |
Top 20% | 88% | 1,514 | $162,944,482 | $107,625 |
Remaining 80% of recips. | 12% | 6,056 | $23,108,664 | $3,816 |