Credit Counselors and Loan Officer Salary in Sector of Educational Services

The salary statistics of credit counselors and loan officers in the industry sector of educational services are shown in Table 1. In Table 2 we compare credit counselors and loan officer salaries in different industries within the educational services sector.

Average Annual Salary of Credit Counselors and Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$32,670
25th Percentile Wage
$37,700
50th Percentile Wage
$46,650
75th Percentile Wage
$58,830
90th Percentile Wage
$75,080

Table 1 shows the average annual salary for credit counselors and loan officers in the industry sector of educational services. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) credit counselors and loan officers is $75,080. The median annual salary (50th percentile) is $46,650. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $32,670.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of credit counselors and loan officers in the industry sector of educational services from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$46,650
1.61% 12.58%
2016
$45,900
2.75% -
2015
$44,640
3.05% -
2014
$43,280
3.28% -
2013
$41,860
2.58% -
2012
$40,780
- -

Compare Credit Counselors and Loan Officer Salary in Different Industries within the Educational Services Sector

The average salaries of credit counselors and loan officers in 25 industries in the educational services sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for credit counselors and loan officer occupations is the elementary and secondary schools - local government owned industry with an annual salary $53,590. The lowest paying industry is the technical and trade schools - state government owned industry (annual salary $34,230). For detailed credit counselors and loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Elementary and Secondary Schools - Local government owned
$53,590
Elementary and Secondary Schools
$52,450
Colleges, universities, and professional schools - Local government owned
$51,440
Elementary and Secondary Schools - Privately owned
$51,100
Technical and trade schools - Local government owned
$50,220
Educational Services - Local government owned
$49,420
Junior colleges - Local government owned
$49,180
Colleges, universities, and professional schools - State government owned
$47,430
Colleges, Universities, and Professional Schools
$47,320
Colleges, universities, and professional schools - Privately owned
$47,160
Junior Colleges (including private, state, and local government schools)
$47,090
Educational Services
$46,650
Other Schools and Instruction
$46,590
Other schools and instruction - Privately owned
$46,230
Educational Services - Privately owned
$46,180
Educational Services - State government owned
$45,680
Junior colleges - Privately owned
$44,910
Educational Support Services
$43,860
Educational Support Services - Privately owned
$43,860
Business Schools and Computer and Management Training
$43,730
Business schools and computer and management training - Privately owned
$43,730
Technical and trade schools - Privately owned
$42,980
Technical and Trade Schools
$42,670
Junior colleges - State government owned
$38,650
Technical and trade schools - State government owned
$34,230

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




Related:

Highest paying industries for credit counselors and loan officers.