Loan Deficiency payments in 4th District of Michigan (Rep. John Moolenaar) totaled $39.0 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 62 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 15% | 24 | $5,861,829 | $244,243 |
Top 2% | 24% | 48 | $9,497,657 | $197,868 |
Top 3% | 32% | 72 | $12,340,146 | $171,391 |
Top 4% | 38% | 96 | $14,671,834 | $152,832 |
Top 5% | 43% | 121 | $16,719,045 | $138,174 |
Top 6% | 47% | 145 | $18,460,278 | $127,312 |
Top 7% | 51% | 169 | $20,040,270 | $118,581 |
Top 8% | 55% | 193 | $21,474,969 | $111,269 |
Top 9% | 59% | 218 | $22,850,481 | $104,819 |
Top 10% | 62% | 242 | $24,042,503 | $99,349 |
Top 11% | 64% | 266 | $25,126,804 | $94,462 |
Top 12% | 67% | 290 | $26,106,590 | $90,023 |
Top 13% | 69% | 314 | $26,981,410 | $85,928 |
Top 14% | 71% | 339 | $27,809,658 | $82,034 |
Top 15% | 73% | 363 | $28,551,223 | $78,654 |
Top 16% | 75% | 387 | $29,222,841 | $75,511 |
Top 17% | 76% | 411 | $29,820,487 | $72,556 |
Top 18% | 78% | 436 | $30,385,540 | $69,692 |
Top 19% | 79% | 460 | $30,884,373 | $67,140 |
Top 20% | 80% | 484 | $31,344,919 | $64,762 |
Remaining 80% of recips. | 20% | 1,939 | $7,656,453 | $3,949 |