Loan Deficiency payments in 1st District of Minnesota (Rep. Jim Hagedorn) totaled $401 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Loan Deficiency payment recipients were paid 45 percent of Loan Deficiency recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 9% | 100 | $34,950,647 | $349,506 |
Top 2% | 15% | 200 | $59,071,786 | $295,359 |
Top 3% | 20% | 300 | $79,657,562 | $265,525 |
Top 4% | 24% | 400 | $98,232,602 | $245,582 |
Top 5% | 29% | 500 | $115,148,383 | $230,297 |
Top 6% | 33% | 600 | $130,828,197 | $218,047 |
Top 7% | 36% | 700 | $145,264,794 | $207,521 |
Top 8% | 39% | 800 | $158,458,731 | $198,073 |
Top 9% | 43% | 900 | $170,669,896 | $189,633 |
Top 10% | 45% | 1,000 | $182,092,098 | $182,092 |
Top 11% | 48% | 1,100 | $192,800,102 | $175,273 |
Top 12% | 51% | 1,201 | $202,893,329 | $168,937 |
Top 13% | 53% | 1,301 | $212,330,819 | $163,206 |
Top 14% | 55% | 1,401 | $221,287,317 | $157,950 |
Top 15% | 57% | 1,501 | $229,769,414 | $153,078 |
Top 16% | 59% | 1,601 | $237,839,574 | $148,557 |
Top 17% | 61% | 1,701 | $245,517,342 | $144,337 |
Top 18% | 63% | 1,801 | $252,829,543 | $140,383 |
Top 19% | 65% | 1,901 | $259,826,386 | $136,679 |
Top 20% | 66% | 2,001 | $266,470,871 | $133,169 |
Remaining 80% of recips. | 34% | 8,008 | $134,775,905 | $16,830 |