Debt Counselor Education Requirements And Courses

Debt counselor education requirements

Updated January 8, 2025

2 min read

Usually, debt counselors don't need a college education. The most common degree for debt counselors is bachelor's degree with 41% graduates, with only 32% debt counselor graduates earning associate degree. Debt counselors who decided to graduate from college often finish Monroe College or SUNY Buffalo State. Some good skills to have in this position include outbound calls, inbound calls and customer service.

What education do you need to become a debt counselor?

What degree do you need to be a debt counselor?

The most common degree for debt counselors is bachelor's degree, with 41% of debt counselors earning that degree. The second and third most common degree levels are associate degree degree at 32% and associate degree degree at 13%.

Bachelor's, 41%

Associate, 32%

High School Diploma, 13%

Diploma, 6%

Other Degrees, 8%

What should I major in to become a debt counselor?

You should major in business to become a debt counselor. 35% of debt counselors major in business. Other common majors for a debt counselor include liberal arts and criminal justice.

Business, 35%

Liberal Arts, 9%

Criminal Justice, 7%

Accounting, 5%

Other Majors, 44%

Best majors for debt counselors

Rank	Major	Percentages
1	Business	35.0%
2	Liberal Arts	8.5%
3	Criminal Justice	6.5%
4	Accounting	5.0%
5	Sociology	4.5%

Show more common debt counselor majors

20 best online courses for debt counselors

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1. Financial Accounting-Adjusting Entries & Financial Statement

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Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...

2. Financial Accounting-Debits & Credits-Accounting Transaction

4.5

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Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

3. Financial Accounting & Excel-Comprehensive Accounting Course

4.3

(736)

Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...

4. Financial Accounting: The Complete Introductory Crash Course

4.5

(1,604)

Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

5. Accounting basics, create financial statements easily

4.5

(280)

Discover, develop, practice your financial information and explore the world of accounting...

6. Accounting & Financial Statement Analysis: Complete Training

4.6

(16,804)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

7. Principles of Financial Accounting

4.5

(875)

Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...

8. Banking Credit Analysis Process (for Bankers)

4.5

(2,917)

Course for Bankers, Consultants and managers to Understand Credit Analysis Process from Indian Context...

9. Financial Statement Analysis - Ratio Analysis

4.3

(1,189)

Master the Art of Financial Statement Analysis: Unlocking Insights through Vertical, Horizontal, and Ratio Analysis...

10. Advanced Financial Accounting: Acquisitions & Consolidations

4.1

(703)

Acquisitions, Consolidations, and Reporting. Master complex concepts and applications...

11. Credit Repair: The Total Guide to a Great Credit Score

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Credit Repair: A step-by-step plan to begin improving your credit within one hour of starting! Over 7,000 students!...

12. #1 Kick A#S Credit Repair Course - Fully Loaded 150+ Letters

4.6

(329)

Step By Step Course With 150+ Dispute Letter Templates, Dispute Flowchart,Diy Credit Repair Workbook, Ebooks And More!...

13. How to Read Financial Statements: Build Financial Literacy.

4.5

(811)

Read financial statements and speak the language of business without the drudgery of a traditional accounting course...

14. Master Your Money: 6 Steps to Financial Wellness

4.7

(617)

Take control of your finances! Create an effective budget, pay off your debt, and start saving for the future...

15. Audit - Financial Statement

4.4

(2,545)

Master the Art of Auditing Financial Statements: In-Depth Analysis, Techniques, and Real-World Case Studies...

16. Financial Statement Analysis

4.7

(255)

Learn how to make understanding financial statements your superpower!...

17. Accounting, Bookkeeping & Financial Analysis (Accounting)

4.5

(521)

Accounting & Bookkeeping Basics. Accounting & Financial Analysis Concepts. Learn Accounting & Bookkeeping...

18. ACCA: FA (F3) Financial Accounting

4.5

(1,302)

Let's get to grasps of how to perform the basics of financial accounting...

19. Financial Accounting: A Comprehensive Guide with E-book

4.5

(3,466)

Unlock Financial Accounting Mastery: Comprehensive Course for Students, Professionals, and Business Owners...

20. Introductory Financial Accounting

4.7

(666)

Learn the basics of Accounting including: the accounting cycle, inventory, depreciation, receivables, and more!...

Average debt counselor salary by education level

Debt counselors with a Master's degree earn more than those without, at $44,410 annually. With a Bachelor's degree, debt counselors earn a median annual income of $41,482 compared to $37,695 for debt counselors with an Associate degree.

Debt counselor education level	Debt counselor salary
Master's Degree	$44,410
High School Diploma or Less	$37,453
Bachelor's Degree	$41,482
Some College/ Associate Degree	$37,695