Working as a Student Loan Collector

There is more than meets the eye when it comes to being a student loan collector. For example, did you know that they make an average of $16.25 an hour? That's $33,807 a year!

Between 2018 and 2028, the career is expected to grow -8% and produce -19,400 job opportunities across the U.S.

What Does a Student Loan Collector Do

There are certain skills that many student loan collectors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed empathy, physical stamina and good judgment.

When it comes to the most important skills required to be a student loan collector, we found that a lot of resumes listed 13.2% of student loan collectors included student loan accounts, while 7.7% of resumes included payment arrangements, and 7.0% of resumes included customer service. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the student loan collector job title. But what industry to start with? Most student loan collectors actually find jobs in the finance and professional industries.

How To Become a Student Loan Collector

If you're interested in becoming a student loan collector, one of the first things to consider is how much education you need. We've determined that 31.3% of student loan collectors have a bachelor's degree. In terms of higher education levels, we found that 5.3% of student loan collectors have master's degrees. Even though some student loan collectors have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a student loan collector. When we researched the most common majors for a student loan collector, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on student loan collector resumes include associate degree degrees or master's degree degrees.

You may find that experience in other jobs will help you become a student loan collector. In fact, many student loan collector jobs require experience in a role such as customer service representative. Meanwhile, many student loan collectors also have previous career experience in roles such as cashier or collector.

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Average Salary$33,807
Job Growth Rate-8%

Student Loan Collector Jobs

Student Loan Collector Career Paths

Top Careers Before Student Loan Collector
Cashier13.1 %
Collector10.7 %
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Top Careers After Student Loan Collector
Collector12.0 %
Cashier8.9 %
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What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Student Loan Collector

Student Loan Collectors in America make an average salary of $33,807 per year or $16 per hour. The top 10 percent makes over $44,000 per year, while the bottom 10 percent under $25,000 per year.
Average Salary
$33,807

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Collector II, Consumer Loan Quality
Collector II, Consumer Loan Quality
Christian Community Credit Union
Christian Community Credit Union
07/27/2020
07/27/2020
$35,47907/27/2020
$35,479
Student Loan Collector
Student Loan Collector
RPC Company
RPC Company
11/11/2019
11/11/2019
$33,39211/11/2019
$33,392
Student Loan Collector
Student Loan Collector
Christian Community Credit Union
Christian Community Credit Union
10/30/2019
10/30/2019
$35,47910/30/2019
$35,479
Student Loan Collector
Student Loan Collector
RPC Company
RPC Company
10/10/2019
10/10/2019
$33,39210/10/2019
$33,392
Student Loan Collector
Student Loan Collector
RPC Company
RPC Company
09/23/2019
09/23/2019
$33,39209/23/2019
$33,392

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Student Loan Collector Demographics

Gender

Female

56.0 %

Male

37.6 %

Unknown

6.4 %
Ethnicity

White

63.0 %

Hispanic or Latino

16.6 %

Black or African American

10.3 %
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Foreign Languages Spoken

Spanish

69.1 %

Russian

5.3 %

Chinese

4.3 %
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Student Loan Collector Education

Schools

Remington College

7.5 %

Kaplan University

7.5 %

University of California - Berkeley

6.5 %

Genesee Community College

6.5 %
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Majors

Business

31.4 %

Criminal Justice

8.0 %

Accounting

7.7 %

Health Care Administration

5.2 %
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Degrees

Bachelors

31.3 %

High School Diploma

28.8 %

Associate

21.2 %

Certificate

6.8 %
Show More

Entry Level Jobs For Becoming A Student Loan Collector

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Student Loan Collector

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 13.2% of student loan collectors listed student loan accounts on their resume, but soft skills such as empathy and physical stamina are important as well.

Student Loan Collector Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a student loan collector. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

At Zippia, we went through countless student loan collector resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Write a Student Loan Collector Resume

At Zippia, we went through countless student loan collector resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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Top Student Loan Collector Employers

1. Citi
4.9
Avg. Salary: 
$73,912
Student Loan Collectors Hired: 
111+
2. Windham Professionals
3.5
Avg. Salary: 
$42,151
Student Loan Collectors Hired: 
73+
3. Sallie Mae Bank
4.6
Avg. Salary: 
$41,117
Student Loan Collectors Hired: 
73+
4. GC Services Limited Partnership
3.6
Avg. Salary: 
$34,878
Student Loan Collectors Hired: 
62+
5. Wells Fargo
4.8
Avg. Salary: 
$42,050
Student Loan Collectors Hired: 
46+
6. JPMorgan Chase
4.9
Avg. Salary: 
$75,304
Student Loan Collectors Hired: 
44+

Student Loan Collector Videos

Recently Added Student Loan Collector Jobs

Updated October 2, 2020