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.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $32,690 |
| 25th Percentile Wage | $37,680 |
| 50th Percentile Wage | $46,500 |
| 75th Percentile Wage | $58,740 |
| 90th Percentile Wage | $74,620 |
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 $74,620. The median annual salary (50th percentile) is $46,500. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $32,690.
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 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $46,500 | -0.32% | 12.30% |
| 2017 | $46,650 | 1.61% | - |
| 2016 | $45,900 | 2.75% | - |
| 2015 | $44,640 | 3.05% | - |
| 2014 | $43,280 | 3.28% | - |
| 2013 | $41,860 | 2.58% | - |
| 2012 | $40,780 | - | - |
The average salaries of credit counselors and loan officers in two industries in the educational services sector are shown below. For detailed credit counselors and loan officer salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Educational Support Services | |
| Educational Support Services - Privately owned | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].