| Table 11. Monthly Qualifying Income of Borrowers, FY 08 and Cumulatively | ||
| FY 2008 | Cummulative | |
| Mean | $3,022.82 | $2,870.56 |
| Median | $2,461.00 | $2,361.00 |
| Std. Deviation | $2,222.81 | $2,061.72 |
| Minimum | $0.00 | $0.00 |
| Maximum | $9,833.00 | $9,833.00 |
| Source: AFP Outcomes Database and Management System, downloaded November 19, 2008 | ||
| Data notes: | ||
| For FY08, 87 missing cases (n=1264) | ||
| For Cummulative, 519 missing cases (n=7611) | ||
| Notes: | ||
| Income data
reported is that which is used to qualify for a
loan. Thus, if there is a loan cosigner, the combined incomes of the consigners is reported. |
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