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The differences between student loan correspondents and senior underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior underwriter has an average salary of $69,375, 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 senior underwriter are customer service, portfolio, and underwriting guidelines.
| Student Loan Correspondent | Senior Underwriter | |
| Yearly salary | $46,486 | $69,375 |
| Hourly rate | $22.35 | $33.35 |
| Growth rate | 4% | -4% |
| Number of jobs | 18,088 | 6,726 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 71% |
| Average age | 45 | 44 |
| Years of experience | 6 | - |
Student loan correspondents and senior underwriters have different pay scales, as shown below.
| Student Loan Correspondent | Senior Underwriter | |
| Average salary | $46,486 | $69,375 |
| Salary range | Between $33,000 And $65,000 | Between $44,000 And $108,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Capital Group |
| Best paying industry | - | Insurance |
There are a few differences between a student loan correspondent and a senior underwriter in terms of educational background:
| Student Loan Correspondent | Senior Underwriter | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Massachusetts Institute of Technology | University of Pennsylvania |
Here are the differences between student loan correspondents' and senior underwriters' demographics:
| Student Loan Correspondent | Senior Underwriter | |
| Average age | 45 | 44 |
| Gender ratio | Male, 36.1% Female, 63.9% | Male, 42.0% Female, 58.0% |
| Race ratio | Black 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, 9.3% Unknown, 2.5% Hispanic or Latino, 9.4% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 8% | 9% |