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Student loan correspondent vs correspondent

The differences between student loan correspondents and correspondents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a student loan correspondent, becoming a correspondent takes usually requires 1-2 years. Additionally, a correspondent has an average salary of $82,217, which is higher than the $46,486 average annual salary of a student loan correspondent.

The top three skills for a student loan correspondent include customer service, inbound calls and outbound calls. The most important skills for a correspondent are news stories, news coverage, and feature stories.

Student loan correspondent vs correspondent overview

Student Loan CorrespondentCorrespondent
Yearly salary$46,486$82,217
Hourly rate$22.35$39.53
Growth rate4%-10%
Number of jobs18,0882,835
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 74%
Average age4540
Years of experience62

Student loan correspondent vs correspondent salary

Student loan correspondents and correspondents have different pay scales, as shown below.

Student Loan CorrespondentCorrespondent
Average salary$46,486$82,217
Salary rangeBetween $33,000 And $65,000Between $50,000 And $134,000
Highest paying City-Washington, DC
Highest paying state-New Jersey
Best paying company-American Broadcasting Company
Best paying industry-Media

Differences between student loan correspondent and correspondent education

There are a few differences between a student loan correspondent and a correspondent in terms of educational background:

Student Loan CorrespondentCorrespondent
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 74%
Most common majorBusinessJournalism
Most common collegeMassachusetts Institute of TechnologyNorthwestern University

Student loan correspondent vs correspondent demographics

Here are the differences between student loan correspondents' and correspondents' demographics:

Student Loan CorrespondentCorrespondent
Average age4540
Gender ratioMale, 36.1% Female, 63.9%Male, 45.0% Female, 55.0%
Race ratioBlack or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.4% American Indian and Alaska Native, 0.5%Black or African American, 6.4% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 9.7% White, 66.5% American Indian and Alaska Native, 0.3%
LGBT Percentage8%10%

Differences between student loan correspondent and correspondent duties and responsibilities

Student loan correspondent example responsibilities.

  • Develop Facebook strategy, execute launch and manage content.
  • Proofread and edit correspondence for accuracy and quality standards.
  • Interview prospective lenders to for additional services; significantly expand company lender sources in both purchase and refinance markets.
  • Analyze mortgagors for approval of HAMP or traditional modification.

Correspondent example responsibilities.

  • Lead reporting in Mongolia, representing AFP's regional headquarters in Beijing.
  • Manage constituent relations regarding financial services, housing, budget, judiciary, homeland security, and government oversight issues.
  • Develop Facebook strategy, execute launch and manage content.
  • Handle education, foreign affairs, judiciary and natural resources issues; assist with appropriations requests.
  • Process FHA, VA and correspondent disclosures.
  • Gain knowledge of interviewing, photography, and newsworthiness.
  • Show more

Student loan correspondent vs correspondent skills

Common student loan correspondent skills
  • Customer Service, 24%
  • Inbound Calls, 18%
  • Outbound Calls, 13%
  • Student Loan Debt, 6%
  • Payment Arrangements, 5%
  • Credit Card, 5%
Common correspondent skills
  • News Stories, 17%
  • News Coverage, 11%
  • Feature Stories, 7%
  • Instagram, 6%
  • Financial Statements, 6%
  • Develop Story Ideas, 4%

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