Student loan correspondent demographics and statistics in the US
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Student loan correspondent demographics by:
Student loan correspondent gender statistics
63.9% of student loan correspondents are women and 36.1% of student loan correspondents are men.
- Female, 63.9%
- Male, 36.1%
Student loan correspondent gender ratio
| Gender | Percentages |
|---|---|
| Female | 63.9% |
| Male | 36.1% |
Student loan correspondent gender pay gap
Women earn 89¢ for every $1 earned by men
Male income
$49,513
Female income
$44,276
Student loan correspondent gender ratio over time
This data breaks down the percentage of men and women in student loan correspondent positions over time. Currently, 63.9% of student loan correspondents are female.
Student loan correspondent gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 36.94% | 63.06% |
| 2011 | 34.79% | 65.21% |
| 2012 | 35.16% | 64.84% |
| 2013 | 36.11% | 63.89% |
| 2014 | 36.34% | 63.66% |
| 2015 | 33.97% | 66.03% |
| 2016 | 38.21% | 61.79% |
| 2017 | 36.29% | 63.71% |
| 2018 | 37.07% | 62.93% |
| 2019 | 35.10% | 64.90% |
| 2020 | 37.40% | 62.60% |
| 2021 | 36.14% | 63.86% |
Student loan correspondent related jobs gender ratio
We compared student loan correspondents with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Student Loan Correspondent | 36% | 64% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Student loan correspondent demographics by race
The most common ethnicity among student loan correspondents is White, which makes up 63.4% of all student loan correspondents. Comparatively, 15.9% of student loan correspondents are Hispanic or Latino and 9.2% of student loan correspondents are Black or African American.
- White, 63.4%
- Hispanic or Latino, 15.9%
- Black or African American, 9.2%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Student loan correspondent race
| Student loan correspondent race | Percentages |
|---|---|
| White | 63.4% |
| Hispanic or Latino | 15.9% |
| Black or African American | 9.2% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Student loan correspondent race and ethnicity over time
See how student loan correspondent racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Student loan correspondent race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.47% | 9.75% | 5.34% | 13.70% |
| 2011 | 68.89% | 10.05% | 5.43% | 13.80% |
| 2012 | 68.40% | 9.62% | 6.59% | 13.20% |
| 2013 | 68.22% | 9.40% | 6.64% | 13.34% |
| 2014 | 67.46% | 9.23% | 6.24% | 14.66% |
| 2015 | 69.13% | 8.58% | 6.28% | 13.57% |
| 2016 | 69.16% | 9.66% | 6.14% | 13.38% |
| 2017 | 69.68% | 8.87% | 5.87% | 13.40% |
| 2018 | 68.69% | 8.27% | 6.33% | 14.65% |
| 2019 | 67.70% | 8.38% | 6.74% | 14.90% |
| 2020 | 66.42% | 8.93% | 5.99% | 14.61% |
| 2021 | 63.37% | 9.19% | 6.38% | 15.95% |
Student loan correspondent wage gap by race
| Ethnicity | Salary |
|---|---|
| Unknown | $50,274 |
| White | $50,583 |
| Black or African American | $46,590 |
| Asian | $52,162 |
| Hispanic or Latino | $48,152 |
Average student loan correspondent age
See how the average age of student loan correspondents varies based on ethnicity and gender.
Male
Female
Student loan correspondent age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 43 | 41 |
| White | 44 | 46 |
| Black or African American | 42.5 | 42 |
| Asian | 42 | 45 |
| Hispanic or Latino | 40.5 | 41 |
Student loan correspondent age breakdown
The average age of student loan correspondents is 40+ years years old, representing 64% of the student loan correspondent population.
Student loan correspondent age breakdown
| Student Loan Correspondent Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Student loan correspondent educational attainment
- Bachelor's, 60%
- High School Diploma, 15%
- Associate, 13%
- Master's, 5%
- Other Degrees, 7%
Student loan correspondents by degree level
| Student loan correspondent degree | Percentages |
|---|---|
| Bachelor's | 60% |
| High School Diploma | 15% |
| Associate | 13% |
| Master's | 5% |
| Other Degrees | 7% |
Student loan correspondent jobs you might like
Student loan correspondent wage gap by degree level
| Education | Salary |
|---|---|
| Master's Degree | $55,234 |
| High School Diploma or Less | $45,831 |
| Bachelor's Degree | $51,294 |
| Some College/ Associate Degree | $46,182 |
Student loan correspondent employment statistics
Most student loan correspondents work for a private in the finance industry.
Company size where student loan correspondents work
Below, you can see the size of companies where student loan correspondents work.
Student loan correspondent jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 15% |
| 100 - 500 employees | 26% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 18% |
Student loan correspondent jobs by company type
Employees with the student loan correspondent job title have their preferences when it comes to working for a company. For instance, most student loan correspondents prefer to work at private companies over public companies.
Student loan correspondent jobs by sector
| Company type | Percentages |
|---|---|
| Education | 19% |
| Public | 25% |
| Private | 50% |
| Government | 6% |
Student loan correspondent jobs by industry
The most common industries for student loan correspondents are finance, education and media.
Student loan correspondent industry statistics
| Industry | Percentages |
|---|---|
| Finance | 31% |
| Education | 17% |
| Media | 11% |
| Fortune 500 | 11% |
| Government | 6% |
| Professional | 6% |
| Technology | 6% |
| Construction | 3% |
| Real Estate | 3% |
| Hospitality | 3% |
| Telecommunication | 3% |
Student loan correspondent turnover and employment statistics
Student loan correspondent unemployment rate over time
The unemployment rate for student loan correspondents between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Student loan correspondent unemployment rate by year
| Year | Student loan correspondent unemployment rate |
|---|---|
| 2010 | 7.62% |
| 2011 | 6.08% |
| 2012 | 4.66% |
| 2013 | 3.31% |
| 2014 | 4.27% |
| 2015 | 2.27% |
| 2016 | 2.06% |
| 2017 | 1.56% |
| 2018 | 1.99% |
| 2019 | 1.92% |
| 2020 | 1.62% |
| 2021 | 2.33% |
Average student loan correspondent tenure
The average student loan correspondent stays at their job for 1-2 years, based on the 897 student loan correspondents resumes in Zippia's database.
Student loan correspondent tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 47% |
| 1-2 years | 33% |
| 3-4 years | 6% |
| 5-7 years | 8% |
| 8-10 years | 2% |
| 11+ years | 5% |
Student loan correspondent LGBT ratio compared to similar jobs
Review the percent of student loan correspondents 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 |
|---|---|---|
| Senior Investment Analyst | 7.33% | 69,002 |
| City Tax Auditor | 7.40% | 49,023 |
| Tax Assistant | 7.56% | 29,307 |
| Merchandise Appraiser | 7.65% | 7,929 |
| Student Loan Correspondent | 7.87% | - |
| Budget Examiner | 12.94% | 2,896 |
| Supervisory Examiner | 19.38% | 2,115 |
Similar student loan correspondent jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Investment Analyst | 7.33% | 69,002 |
| City Tax Auditor | 7.40% | 49,023 |
| Tax Assistant | 7.56% | 29,307 |
| Merchandise Appraiser | 7.65% | 7,929 |
| Budget Examiner | 12.94% | 2,896 |
| Supervisory Examiner | 19.38% | 2,115 |
Foreign languages spoken by student loan correspondents
The most common foreign language among student loan correspondents is Spanish at 33.3%. The second-most popular foreign language spoken is Japanese at 22.2% and Portuguese is the third-most popular at 11.1%.
- Spanish, 33.3%
- Japanese, 22.2%
- Portuguese, 11.1%
- Chinese, 11.1%
- Mandarin, 11.1%
- Other, 11.2%
Student loan correspondent languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 33.3% |
| Japanese | 22.2% |
| Portuguese | 11.1% |
| Chinese | 11.1% |
| Mandarin | 11.1% |
| Other | 11.2% |