Loan Deficiency payments in Alabama totaled $206 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 76 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 25% | 75 | $51,806,138 | $690,749 |
Top 2% | 38% | 150 | $77,668,364 | $517,789 |
Top 3% | 47% | 225 | $96,231,100 | $427,694 |
Top 4% | 54% | 300 | $110,721,264 | $369,071 |
Top 5% | 60% | 375 | $122,463,574 | $326,570 |
Top 6% | 64% | 450 | $131,862,980 | $293,029 |
Top 7% | 68% | 525 | $139,452,739 | $265,624 |
Top 8% | 71% | 601 | $145,983,597 | $242,901 |
Top 9% | 74% | 676 | $151,574,061 | $224,222 |
Top 10% | 76% | 751 | $156,507,404 | $208,399 |
Top 11% | 78% | 826 | $160,827,919 | $194,707 |
Top 12% | 80% | 901 | $164,671,076 | $182,765 |
Top 13% | 82% | 976 | $168,146,678 | $172,281 |
Top 14% | 83% | 1,051 | $171,232,282 | $162,923 |
Top 15% | 85% | 1,127 | $173,980,819 | $154,375 |
Top 16% | 86% | 1,202 | $176,424,807 | $146,776 |
Top 17% | 87% | 1,277 | $178,636,481 | $139,888 |
Top 18% | 88% | 1,352 | $180,646,324 | $133,614 |
Top 19% | 89% | 1,427 | $182,472,453 | $127,871 |
Top 20% | 90% | 1,502 | $184,126,398 | $122,587 |
Remaining 80% of recips. | 10% | 6,012 | $21,407,406 | $3,561 |