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Field collector vs student loan collector

The differences between field 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 field collector and a student loan collector. Additionally, a field collector has an average salary of $36,565, which is higher than the $35,477 average annual salary of a student loan collector.

The top three skills for a field collector include customer service, payment arrangements and delinquent accounts. The most important skills for a student loan collector are student loan accounts, customer service, and delinquent accounts.

Field collector vs student loan collector overview

Field CollectorStudent Loan Collector
Yearly salary$36,565$35,477
Hourly rate$17.58$17.06
Growth rate-8%-8%
Number of jobs48,08525,976
Job satisfaction4-
Most common degreeBachelor's Degree, 37%Bachelor's Degree, 42%
Average age4646
Years of experience1212

Field collector vs student loan collector salary

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

Field CollectorStudent Loan Collector
Average salary$36,565$35,477
Salary rangeBetween $31,000 And $42,000Between $26,000 And $47,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between field collector and student loan collector education

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

Field CollectorStudent Loan Collector
Most common degreeBachelor's Degree, 37%Bachelor's Degree, 42%
Most common majorBusinessBusiness
Most common college--

Field collector vs student loan collector demographics

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

Field CollectorStudent Loan Collector
Average age4646
Gender ratioMale, 61.3% Female, 38.7%Male, 41.2% Female, 58.8%
Race ratioBlack or African American, 12.5% Unknown, 3.9% Hispanic or Latino, 22.9% Asian, 3.3% White, 57.0% 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 field collector and student loan collector duties and responsibilities

Field collector example responsibilities.

  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Require to collect a payment towards PSEG accounts or temporarily disconnect electric and or gas services.
  • Disconnect customers gas services by shutting down and locking the meter and removing any rental equipment until unpaid balances are collect.
  • Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
  • Receive FPL customer light bill payments and post amount paid to customer account.
  • Deposit large amount of money collect from FPL customer to the bank every day.
  • 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.

Field collector vs student loan collector skills

Common field collector skills
  • Customer Service, 17%
  • Payment Arrangements, 16%
  • Delinquent Accounts, 10%
  • Customer Complaints, 9%
  • Disconnect, 8%
  • Due Balances, 6%
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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