Loan Deficiency payments in California totaled $520 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 64 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 20% | 123 | $104,900,852 | $852,852 |
Top 2% | 29% | 246 | $151,189,993 | $614,593 |
Top 3% | 36% | 369 | $186,511,899 | $505,452 |
Top 4% | 42% | 492 | $216,009,752 | $439,044 |
Top 5% | 46% | 616 | $241,612,187 | $392,228 |
Top 6% | 51% | 739 | $263,677,777 | $356,803 |
Top 7% | 54% | 862 | $283,189,339 | $328,526 |
Top 8% | 58% | 985 | $300,924,064 | $305,507 |
Top 9% | 61% | 1,108 | $317,122,187 | $286,211 |
Top 10% | 64% | 1,232 | $331,917,100 | $269,413 |
Top 11% | 66% | 1,355 | $345,373,024 | $254,888 |
Top 12% | 69% | 1,478 | $357,782,389 | $242,072 |
Top 13% | 71% | 1,601 | $369,278,814 | $230,655 |
Top 14% | 73% | 1,724 | $379,813,235 | $220,309 |
Top 15% | 75% | 1,848 | $389,440,450 | $210,736 |
Top 16% | 77% | 1,971 | $398,247,425 | $202,053 |
Top 17% | 78% | 2,094 | $406,362,236 | $194,060 |
Top 18% | 80% | 2,217 | $413,846,455 | $186,670 |
Top 19% | 81% | 2,340 | $420,746,505 | $179,806 |
Top 20% | 82% | 2,464 | $427,220,792 | $173,385 |
Remaining 80% of recips. | 18% | 9,856 | $93,193,950 | $9,456 |