The average annual wage of the occupations is $84,490 and $41 per hour. 2 vocational programs could be taken for the Loan Officers career. Based on BLS data, a total of 321,090 employees were employed in the Occupation.
The following 2 vocational programs are required or helpful to prepare Loan Officers.
The tuition, program length, and completion time program information is average amounts over all schools that offer each program. This information is only for vocational programs (i.e. certificate programs) and not for bachelor's or graduate degrees.
| Program Name | Number of Schools | Tuition & Fees | Books & Supplies | Program Lengths | Avg. Completion Time |
|---|---|---|---|---|---|
| Finance | 51 | $30,413 | - | - | - |
| Credit Management | 3 | - | - | - | - |
The following 20 occupations are related to Loan Officers.
| Occupation | Total Employees | Annual Wages | Hourly Rate |
|---|---|---|---|
| Financial Managers | 787K | $174,820 | $84 |
| Accountants and Auditors | 1,436K | $90,780 | $44 |
| Credit Analysts | 73,200 | $94,750 | $46 |
| Financial and Investment Analysts | 325K | $112,950 | $54 |
| Personal Financial Advisors | 272K | $150,670 | $72 |
| Insurance Underwriters | 101K | $85,610 | $41 |
| Financial Examiners | 63,440 | $98,140 | $47 |
| Credit Counselors | 27,950 | $53,440 | $26 |
| Tax Preparers | 81,650 | $58,160 | $28 |
| Insurance Sales Agents | 458K | $79,700 | $38 |
| Securities, Commodities, and Financial Services Sales Agents | 480K | $109,710 | $53 |
| Real Estate Brokers | 51,350 | $86,130 | $41 |
| Bill and Account Collectors | 191K | $46,020 | $22 |
| Bookkeeping, Accounting, and Auditing Clerks | 1,502K | $49,580 | $24 |
| Tellers | 341K | $38,850 | $19 |
| Brokerage Clerks | 48,060 | $63,130 | $30 |
| Credit Authorizers, Checkers, and Clerks | 14,290 | $50,380 | $24 |
| Loan Interviewers and Clerks | 204K | $48,660 | $23 |
| New Accounts Clerks | 41,180 | $44,670 | $21 |
| Insurance Claims and Policy Processing Clerks | 242K | $49,530 | $24 |
The following 68 schools offer the vocational programs and certificate courses for preparing Loan Officers. The list includes some 4-year colleges that have certificate or associate programs for the career.