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Student loan collector education requirements

Updated January 8, 2025
2 min read
Usually, student loan collectors don't need a college education. The most common degree for student loan collectors is bachelor's degree with 42% graduates, with only 22% student loan collector graduates earning high school diploma. Student loan collectors who decided to graduate from college often finish University of Phoenix or Monroe College. Some good skills to have in this position include student loan accounts, customer service and delinquent accounts.

Popular student loan collector certifications include International Accredited Business Accountant (IABA), Certified Customer Service Specialist (CSS), or Certified Management Accountant (CMA). To improve student loan collector qualification and skills, we prepared some online courses to help in student loan collector education paths.

What education do you need to become a student loan collector?

What degree do you need to be a student loan collector?

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%

What should I major in to become a student loan collector?

You should major in business to become a student loan collector. 33% of student loan collectors major in business. Other common majors for a student loan collector include accounting and criminal justice.

Best majors for student loan collectors

RankMajorPercentages
1Business32.6%
2Accounting9.1%
3Criminal Justice7.0%
4General Studies6.0%
5Psychology5.7%

20 best online courses for student loan collectors

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Average student loan collector salary by education level

According to our data, student loan collectors with a Bachelor's degree earn the highest average salary, at $38,590 annually. Student loan collectors with a Associate degree earn an average annual salary of $35,981.
Student loan collector education levelStudent loan collector salary
High School Diploma or Less$35,963
Bachelor's Degree$38,590
Some College/ Associate Degree$35,981

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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