Loan Deficiency payments in New Jersey totaled $20.3 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 53 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 12% | 9 | $2,367,579 | $263,064 |
Top 2% | 19% | 18 | $3,830,576 | $212,810 |
Top 3% | 25% | 27 | $5,017,628 | $185,838 |
Top 4% | 30% | 36 | $6,071,136 | $168,643 |
Top 5% | 35% | 46 | $7,095,651 | $154,253 |
Top 6% | 39% | 55 | $7,934,944 | $144,272 |
Top 7% | 43% | 64 | $8,697,103 | $135,892 |
Top 8% | 46% | 73 | $9,395,016 | $128,699 |
Top 9% | 50% | 83 | $10,093,495 | $121,608 |
Top 10% | 53% | 92 | $10,675,331 | $116,036 |
Top 11% | 55% | 101 | $11,205,889 | $110,949 |
Top 12% | 58% | 110 | $11,688,314 | $106,257 |
Top 13% | 60% | 119 | $12,128,450 | $101,920 |
Top 14% | 62% | 129 | $12,565,455 | $97,407 |
Top 15% | 64% | 138 | $12,934,800 | $93,730 |
Top 16% | 66% | 147 | $13,291,455 | $90,418 |
Top 17% | 67% | 156 | $13,632,795 | $87,390 |
Top 18% | 69% | 166 | $13,988,601 | $84,269 |
Top 19% | 71% | 175 | $14,297,749 | $81,701 |
Top 20% | 72% | 184 | $14,595,881 | $79,325 |
Remaining 80% of recips. | 28% | 739 | $5,654,885 | $7,652 |