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Student loan collector salary
Average student loan collector salary
$35,477
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Let Zippi find your next student loan collector job
Average student loan collector salary by state
Highest paying states for student loan collectors
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Missouri | $42,755 | $20.56 |
| 2 | North Dakota | $39,091 | $18.79 |
| 3 | Connecticut | $51,750 | $24.88 |
| 4 | Illinois | $41,424 | $19.92 |
| 5 | Tennessee | $38,059 | $18.30 |
| 6 | Minnesota | $37,322 | $17.94 |
| 7 | Rhode Island | $37,676 | $18.11 |
| 8 | Kentucky | $37,987 | $18.26 |
| 9 | District of Columbia | $48,844 | $23.48 |
| 10 | Montana | $36,708 | $17.65 |
| 11 | New York | $41,654 | $20.03 |
| 12 | Oregon | $39,901 | $19.18 |
| 13 | Arizona | $35,648 | $17.14 |
| 14 | Alaska | $45,211 | $21.74 |
| 15 | New Jersey | $39,570 | $19.02 |
| 16 | Delaware | $36,793 | $17.69 |
| 17 | Massachusetts | $40,443 | $19.44 |
| 18 | Wyoming | $34,419 | $16.55 |
| 19 | Michigan | $35,869 | $17.24 |
| 20 | Nevada | $35,551 | $17.09 |
| 21 | Virginia | $38,877 | $18.69 |
| 22 | Pennsylvania | $36,366 | $17.48 |
| 23 | Maryland | $39,172 | $18.83 |
| 24 | Washington | $36,408 | $17.50 |
| 25 | Texas | $34,566 | $16.62 |
| 26 | Wisconsin | $35,889 | $17.25 |
| 27 | Kansas | $34,728 | $16.70 |
| 28 | Utah | $33,968 | $16.33 |
| 29 | Vermont | $34,863 | $16.76 |
| 30 | Colorado | $35,126 | $16.89 |
| 31 | Idaho | $35,341 | $16.99 |
| 32 | California | $38,370 | $18.45 |
| 33 | Hawaii | $36,239 | $17.42 |
| 34 | Indiana | $33,430 | $16.07 |
| 35 | Nebraska | $33,506 | $16.11 |
| 36 | Georgia | $35,131 | $16.89 |
| 37 | Florida | $33,172 | $15.95 |
| 38 | Alabama | $32,053 | $15.41 |
| 39 | Maine | $32,762 | $15.75 |
| 40 | Arkansas | $31,201 | $15.00 |
| 41 | South Carolina | $33,216 | $15.97 |
| 42 | Louisiana | $33,596 | $16.15 |
| 43 | West Virginia | $29,239 | $14.06 |
| 44 | Ohio | $32,265 | $15.51 |
| 45 | Iowa | $29,951 | $14.40 |
| 46 | Mississippi | $30,498 | $14.66 |
| 47 | New Hampshire | $33,043 | $15.89 |
| 48 | New Mexico | $32,532 | $15.64 |
| 49 | North Carolina | $31,355 | $15.07 |
| 50 | South Dakota | $28,323 | $13.62 |
| 51 | Oklahoma | $29,588 | $14.22 |
Student loan collector salary details
A student loan collector's salary ranges from $26,000 a year at the 10th percentile to $47,000 at the 90th percentile.
What is a student loan collector's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $47,000 | $3,917 | $23 |
| 75th Percentile | $41,000 | $3,417 | $20 |
| Average | $35,477 | $2,956 | $17 |
| 25th Percentile | $30,000 | $2,500 | $14 |
| 10th Percentile | $26,000 | $2,167 | $13 |
Highest paying student loan collector jobs
The highest paying types of student loan collectors are senior collector, collection team lead, and loan specialist.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Account Representative | $36,977 | $3,081 | $17.78 | 183,446 |
| Collections/Accounts Receivable | $38,949 | $3,246 | $18.73 | 30,523 |
| Loan Services Representative | $38,603 | $3,217 | $18.56 | 85,475 |
| Collections, Customer Service | $32,870 | $2,739 | $15.80 | 161,544 |
| Collections Representative | $34,015 | $2,835 | $16.35 | 85,275 |
| Loan Adviser | $40,365 | $3,364 | $19.41 | 24,189 |
Top companies hiring student loan collectors now:
Wage gap by gender, race and education
Student loan collector salary trends
The average student loan collector salary has risen by $5,755 over the last ten years. In 2014, the average student loan collector earned $29,722 annually, but today, they earn $35,477 a year. That works out to a 8% change in pay for student loan collectors over the last decade.
Compare student loan collector salaries for cities or states with the national average over time.
Average student loan collector salary over time
Compare student loan collector salaries for individual cities or states with the national average.
Student loan collector salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $35,500 | $17.06 | +2.9% |
| 2024 | $34,500 | $16.56 | +2.6% |
| 2023 | $33,500 | $16.12 | +1.9% |
| 2022 | $32,900 | $15.82 | -0.1% |
| 2021 | $32,900 | $15.83 | +2.6% |
Recently added student loan collector salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Unify Financial Credit Union | Auto Loan Collector | Las Vegas, NV | 05/28/2025 | $50,088 |
| Unify Financial Credit Union | Auto Loan Collector H | Torrance, CA | 02/17/2025 | $50,088 |
| Zions Bancorporation | Loan Collector-Midvale, UT (Hybrid Schedule) | Midvale, UT | 01/23/2025 | $41,740 |
| Leadingedge Personnel | Auto Loan Collector | San Antonio, TX | 12/13/2024 | $37,566 |
| Wildcat Lending | Loan Collector/Servicing | Plano, TX | 12/12/2024 | $50,000 |
| University of Central Oklahoma | Regular Student Clerical-Archives & Special Collections | Edmond, OK | 12/04/2024 | $18,783 |
| Zions Bancorporation | Loan Collector-Midvale, UT (Hybrid Schedule) | Midvale, UT | 11/29/2024 | $41,740 |
| Zionsbancorp | Loan Collector-Midvale, UT (Hybrid Schedule) | Midvale, UT | 11/22/2024 | $41,740 |
| Zionsbancorp | Loan Collector-Midvale, UT (Hybrid Schedule) | Midvale, UT | 10/24/2024 | $41,740 |
| Lobel Financial Corporation | Loan Collector | Anaheim, CA | 10/09/2024 | $45,914 |
Student loan collector salary FAQs
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