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Data collector vs student loan collector

The differences between data 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 data collector and a student loan collector. Additionally, a data collector has an average salary of $35,626, which is higher than the $35,477 average annual salary of a student loan collector.

The top three skills for a data collector include audit type, grocery store and retail store. The most important skills for a student loan collector are student loan accounts, customer service, and delinquent accounts.

Data collector vs student loan collector overview

Data CollectorStudent Loan Collector
Yearly salary$35,626$35,477
Hourly rate$17.13$17.06
Growth rate-8%-8%
Number of jobs80,81225,976
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 42%
Average age4646
Years of experience1212

Data collector vs student loan collector salary

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

Data CollectorStudent Loan Collector
Average salary$35,626$35,477
Salary rangeBetween $31,000 And $40,000Between $26,000 And $47,000
Highest paying CityWashington, DC-
Highest paying stateCalifornia-
Best paying companyEDC-
Best paying industryGovernment-

Differences between data collector and student loan collector education

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

Data CollectorStudent Loan Collector
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 42%
Most common majorBusinessBusiness
Most common college--

Data collector vs student loan collector demographics

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

Data CollectorStudent Loan Collector
Average age4646
Gender ratioMale, 40.6% Female, 59.4%Male, 41.2% Female, 58.8%
Race ratioBlack or African American, 13.8% Unknown, 4.1% Hispanic or Latino, 20.5% Asian, 3.7% White, 57.3% 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 data collector and student loan collector duties and responsibilities

Data collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Collect from all insurances (HMO, PPO, and MEDICARE).
  • Attend trainings and abide by HIPAA regulations.
  • Collect from insurance companies (PPO and Medicare).
  • Execute database queries in SQL in response to client requests.
  • Collect pricing information in grocery, office, pet and mass retailers
  • Show more

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.

Data collector vs student loan collector skills

Common data collector skills
  • Audit Type, 31%
  • Grocery Store, 17%
  • Retail Store, 16%
  • UPC, 10%
  • PET, 8%
  • Inter-Rater Reliability, 2%
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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