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City collector vs student loan collector

The differences between city collectors and student loan collectors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a city collector and a student loan collector. Additionally, a student loan collector has an average salary of $35,477, which is higher than the $33,093 average annual salary of a city collector.

The top three skills for a city collector include COC, outbound calls and payroll. The most important skills for a student loan collector are student loan accounts, customer service, and delinquent accounts.

City collector vs student loan collector overview

City CollectorStudent Loan Collector
Yearly salary$33,093$35,477
Hourly rate$15.91$17.06
Growth rate-8%-8%
Number of jobs8,74825,976
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 42%
Average age4646
Years of experience1212

City collector vs student loan collector salary

City collectors and student loan collectors have different pay scales, as shown below.

City CollectorStudent Loan Collector
Average salary$33,093$35,477
Salary rangeBetween $24,000 And $44,000Between $26,000 And $47,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between city collector and student loan collector education

There are a few differences between a city collector and a student loan collector in terms of educational background:

City CollectorStudent Loan Collector
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 42%
Most common majorBusinessBusiness
Most common college--

City collector vs student loan collector demographics

Here are the differences between city collectors' and student loan collectors' demographics:

City CollectorStudent Loan Collector
Average age4646
Gender ratioMale, 39.3% Female, 60.7%Male, 41.2% Female, 58.8%
Race ratioBlack or African American, 13.6% Unknown, 4.1% Hispanic or Latino, 15.8% Asian, 3.8% White, 62.2% American Indian and Alaska Native, 0.5%Black or African American, 11.8% Unknown, 4.0% Hispanic or Latino, 18.4% Asian, 3.6% White, 61.7% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between city collector and student loan collector duties and responsibilities

City collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Work with CACS every day.
  • Direct the management of the conversion of financial software for payroll and accounts receivable.
  • Reference COC vehicle information system for vehicle information on unpaid tickets.
  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Utilize various skip-tracing services such as Accurint and TheWorkNumber in order to locate consumers and verify employment for account recovery purposes.

Student loan collector example responsibilities.

  • Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
  • Provide effective and timely resolution whilst strictly adhering to the FDCPA regulations and policies.
  • Supervise a group of 12 collectors and ensuring that FDCPA rules and regulations are followed.
  • Maintain existing customer base by building strong relationships that includes contract negotiation and customer issue resolution.
  • Research patient account information and make contact with insurance carriers to determine patient eligibility for Medicare benefits.
  • Secure modification documents including HAMP and bank require documents.

City collector vs student loan collector skills

Common city collector skills
  • COC, 76%
  • Outbound Calls, 15%
  • Payroll, 9%
Common student loan collector skills
  • Student Loan Accounts, 16%
  • Customer Service, 9%
  • Delinquent Accounts, 7%
  • FDCPA, 5%
  • State Laws, 4%
  • Payment Arrangements, 4%

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