Student loan collector demographics and statistics in the US
Student loan collector demographics research summary. Zippia estimates student loan collector demographics and statistics in the United States by using a database of 30 million profiles. Our student loan collector estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about student loan collectors after extensive research and analysis:
- There are over 62,403 student loan collectors currently employed in the United States.
- 58.8% of all student loan collectors are women, while 41.2% are men.
- The average student loan collector age is 45 years old.
- The most common ethnicity of student loan collectors is White (61.7%), followed by Hispanic or Latino (18.4%), Black or African American (11.8%) and Unknown (4.0%).
- In 2022, women earned 96% of what men earned.
- 8% of all student loan collectors are LGBT.
- Student loan collectors are 62% more likely to work at private companies in comparison to public companies.
On this page
Student loan collector demographics by:
Student loan collector gender statistics
58.8% of student loan collectors are women and 41.2% of student loan collectors are men.
- Female, 58.8%
- Male, 41.2%
Student loan collector gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.8% |
| Male | 41.2% |
Student loan collector gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$36,969
Female income
$35,410
Student loan collector gender ratio over time
This data breaks down the percentage of men and women in student loan collector positions over time. Currently, 58.8% of student loan collectors are female.
Student loan collector gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 45.10% | 54.90% |
| 2011 | 43.25% | 56.75% |
| 2012 | 42.83% | 57.17% |
| 2013 | 40.68% | 59.32% |
| 2014 | 40.49% | 59.51% |
| 2015 | 41.69% | 58.31% |
| 2016 | 41.85% | 58.15% |
| 2017 | 40.36% | 59.64% |
| 2018 | 42.83% | 57.17% |
| 2019 | 36.69% | 63.31% |
| 2020 | 35.23% | 64.77% |
| 2021 | 41.17% | 58.83% |
Student loan collector related jobs gender ratio
We compared student loan collectors with similar job titles to see how gender ratios vary. As you can see, time recorder and recovery agent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Billing Clerk | 5% | 95% |
| Receptionist/Accounts Receivable | 5% | 95% |
| Directory Clerk | 7% | 93% |
| Student Loan Collector | 41% | 59% |
| Recovery Agent | 69% | 31% |
| Time Recorder | 71% | 29% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Student loan collector demographics by race
The most common ethnicity among student loan collectors is White, which makes up 61.7% of all student loan collectors. Comparatively, 18.4% of student loan collectors are Hispanic or Latino and 11.8% of student loan collectors are Black or African American.
- White, 61.7%
- Hispanic or Latino, 18.4%
- Black or African American, 11.8%
- Unknown, 4.0%
- Asian, 3.6%
- American Indian and Alaska Native, 0.5%
Student loan collector race
| Student loan collector race | Percentages |
|---|---|
| White | 61.7% |
| Hispanic or Latino | 18.4% |
| Black or African American | 11.8% |
| Unknown | 4.0% |
| Asian | 3.6% |
| American Indian and Alaska Native | 0.5% |
Student loan collector race and ethnicity over time
See how student loan collector racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Student loan collector race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 63.27% | 14.09% | 3.53% | 16.32% |
| 2011 | 61.48% | 15.14% | 3.39% | 16.72% |
| 2012 | 63.72% | 15.45% | 3.38% | 14.22% |
| 2013 | 62.00% | 16.00% | 4.00% | 15.16% |
| 2014 | 62.96% | 14.25% | 3.46% | 16.56% |
| 2015 | 61.60% | 14.28% | 3.26% | 17.36% |
| 2016 | 64.58% | 12.79% | 2.35% | 17.09% |
| 2017 | 61.74% | 16.15% | 3.43% | 15.45% |
| 2018 | 64.03% | 11.25% | 3.81% | 17.91% |
| 2019 | 60.64% | 13.10% | 3.26% | 20.12% |
| 2020 | 59.37% | 13.69% | 3.41% | 17.91% |
| 2021 | 61.71% | 11.78% | 3.60% | 18.39% |
Student loan collector wage gap by race
According to our data, asian student loan collectors have the highest average salary compared to other ethnicities. Unknown student loan collectors have the lowest average salary at $35,950.
| Ethnicity | Salary |
|---|---|
| Unknown | $35,950 |
| White | $37,159 |
| Black or African American | $37,186 |
| Asian | $37,296 |
| Hispanic or Latino | $37,272 |
Average student loan collector age
See how the average age of student loan collectors varies based on ethnicity and gender.
Male
Female
Student loan collector age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 40 | 48.5 |
| White | 43 | 47 |
| Black or African American | 45.5 | 49 |
| Asian | 53 | |
| Hispanic or Latino | 39 | 40 |
Student loan collector age breakdown
The average age of student loan collectors is 40+ years years old, representing 66% of the student loan collector population.
Student loan collector age breakdown
| Student Loan Collector Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Student loan collector educational attainment
The most common degree for student loan collectors is bachelor's degree, with 42% of student loan collectors earning that degree. The second and third most common degree levels are high school diploma degree at 22% and high school diploma degree at 21%.
- Bachelor's, 42%
- High School Diploma, 22%
- Associate, 21%
- Master's, 5%
- Other Degrees, 10%
Student loan collectors by degree level
| Student loan collector degree | Percentages |
|---|---|
| Bachelor's | 42% |
| High School Diploma | 22% |
| Associate | 21% |
| Master's | 5% |
| Other Degrees | 10% |
Student loan collector jobs you might like
Student loan collector wage gap by degree level
According to the data, student loan collectors with a Bachelor's degree earn more than those without, at $38,590 annually. With a Associate degree, student loan collectors earn a median annual income of $35,981 compared to $35,963 for student loan collectors with an High School Diploma degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $35,963 |
| Bachelor's Degree | $38,590 |
| Some College/ Associate Degree | $35,981 |
Student loan collector employment statistics
Most student loan collectors work for a private in the finance industry.
Company size where student loan collectors work
Below, you can see the size of companies where student loan collectors work.
Student loan collector jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 13% |
| 100 - 500 employees | 26% |
| 500 - 1,000 employees | 14% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 18% |
Student loan collector jobs by company type
Employees with the student loan collector job title have their preferences when it comes to working for a company. For instance, most student loan collectors prefer to work at private companies over public companies.
Student loan collector jobs by sector
| Company type | Percentages |
|---|---|
| Education | 13% |
| Public | 23% |
| Private | 62% |
| Government | 2% |
Student loan collector jobs by industry
The most common industries for student loan collectors are finance, education and professional.
Student loan collector industry statistics
| Industry | Percentages |
|---|---|
| Finance | 40% |
| Education | 11% |
| Professional | 9% |
| Fortune 500 | 9% |
| Technology | 7% |
| Manufacturing | 4% |
| Retail | 3% |
| Hospitality | 2% |
| Start-up | 2% |
| Non Profits | 2% |
| Real Estate | 2% |
| Internet | 1% |
| Transportation | 1% |
| Government | 1% |
| Automotive | 1% |
| Construction | 1% |
| Health Care | 1% |
| Telecommunication | 1% |
| Energy | 1% |
Student loan collector turnover and employment statistics
Student loan collector unemployment rate over time
The unemployment rate for student loan collectors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Student loan collector unemployment rate by year
| Year | Student loan collector unemployment rate |
|---|---|
| 2010 | 12.02% |
| 2011 | 12.36% |
| 2012 | 10.85% |
| 2013 | 10.37% |
| 2014 | 8.36% |
| 2015 | 7.21% |
| 2016 | 5.43% |
| 2017 | 4.15% |
| 2018 | 4.83% |
| 2019 | 4.01% |
| 2020 | 4.42% |
| 2021 | 5.16% |
Average student loan collector tenure
The average student loan collector stays at their job for 1-2 years, based on the 2,188 student loan collectors resumes in Zippia's database.
Student loan collector tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 32% |
| 1-2 years | 37% |
| 3-4 years | 12% |
| 5-7 years | 11% |
| 8-10 years | 3% |
| 11+ years | 5% |
Student loan collector LGBT ratio compared to similar jobs
Review the percent of student loan collectors that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Departmental Buyer | 6.59% | 8,917 |
| Chart Reader | 6.92% | 302 |
| Roving Teller | 7.10% | 10,979 |
| Revising Clerk | 7.32% | 66,338 |
| Student Loan Collector | 7.90% | - |
| Payroll Administrator | 9.54% | 55,490 |
| Gaming Cashier | 10.47% | 77,636 |
Similar student loan collector jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Departmental Buyer | 6.59% | 8,917 |
| Chart Reader | 6.92% | 302 |
| Roving Teller | 7.10% | 10,979 |
| Revising Clerk | 7.32% | 66,338 |
| Payroll Administrator | 9.54% | 55,490 |
| Gaming Cashier | 10.47% | 77,636 |
Foreign languages spoken by student loan collectors
The most common foreign language among student loan collectors is Spanish at 69.1%. The second-most popular foreign language spoken is Russian at 5.3% and Chinese is the third-most popular at 4.3%.
- Spanish, 69.1%
- Russian, 5.3%
- Chinese, 4.3%
- Portuguese, 3.2%
- Japanese, 3.2%
- Other, 14.9%
Student loan collector languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 69.1% |
| Russian | 5.3% |
| Chinese | 4.3% |
| Portuguese | 3.2% |
| Japanese | 3.2% |
| Other | 14.9% |
