Master’s Degrees in Family & Consumer Economics
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Education Levels of Consumer Economics Majors
In 2020-2021, 205 master's degrees were awarded to consumer economics majors. This makes it the 207th most popular master's degree program in the country.
The following table shows the number of diplomas awarded in consumer economics at each degree level.
| Education Level | Number of Grads |
|---|---|
| Master’s Degree | 205 |
| Graduate Certificate | 33 |
| Doctor’s Degree | 13 |
Earnings of Consumer Economics Majors With Master’s Degrees
The median salary for graduates holding a master's degree in consumer economics is $40,368. However, this can depend on a number of factors, such as where you live and the number of years experience you have. To get a better picture, earnings for this category of people can range from a low of $39,813 to a high of $46,058.
Student Debt
We do not have the data to estimate the median debt for this class of people.
Student Diversity
More women than men pursue their master's degree in consumer economics. About 74.6% of graduates with this degree are female.
| Gender | Number of Grads |
|---|---|
| Men | 52 |
| Women | 153 |
The racial-ethnic distribution of consumer economics master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 7 |
| Black or African American | 25 |
| Hispanic or Latino | 30 |
| White | 113 |
| International Students | 6 |
| Other Races/Ethnicities | 24 |
Most Popular Consumer Economics Programs for Master’s Degrees
There are 9 colleges that offer a master’s degree in consumer economics. Learn more about the most popular 9 below:
Arizona State University - Skysong tops the list of the most popular school in the U.S. for consumer economics majors who are seeking their master's degree. Roughly 53,900 attend the school each year. The average in-state tuition for full-time undergraduates is $10,710 per year, while in-state graduate students, on average, pay $9,774 per year. For the 2020-2021 academic year, 93 master's degrees were handed out to consumer economics majors at ASU - Skysong. Of these students, 92% were women and 43% were members of underrepresented racial-ethnic groups.
Texas Tech University is the 2nd most popular school in the nation for students seeking a master's degree in consumer economics. Roughly 40,300 attend the school each year. The average in-state tuition for full-time undergraduates is $8,935 per year, while in-state graduate students, on average, pay $6,956 per year. During the 2020-2021 academic year, 59 people received their master's degree in consumer economics from Texas Tech. About 46% of this group were women, and 42% were students from an underrepresented racial-ethnic group.
The University of Alabama is the 3rd most popular school in the nation for students seeking a master's degree in consumer economics. Roughly 37,800 attend the school each year. The average in-state tuition for full-time undergraduates is $10,780 per year, while in-state graduate students, on average, pay $10,780 per year. The consumer economics program at The University of Alabama awarded 31 master's degrees during the 2020-2021 school year. About 68% of this group were women, and 16% were students from an underrepresented racial-ethnic group.
New Mexico State University - Main Campus comes in at #4 on our list of the most popular colleges offering master's degrees in consumer economics. Each year, around 14,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,041 per year, while in-state graduate students, on average, pay $4,981 per year. For the 2020-2021 academic year, 16 master's degrees were handed out to consumer economics majors at NMSU Main Campus. About 88% of this group were women, and 69% were students from an underrepresented racial-ethnic group.
South Dakota State University comes in at #5 on our list of the most popular colleges offering master's degrees in consumer economics. The average in-state tuition for full-time undergraduates is $7,773 per year, while in-state graduate students, on average, pay $8,164 per year. During the 2020-2021 academic year, 2 people received their master's degree in consumer economics from South Dakota State.
Arizona State University - Tempe comes in at #5 on our list of the most popular colleges offering master's degrees in consumer economics. The average in-state tuition for full-time undergraduates is $10,710 per year, while in-state graduate students, on average, pay $11,720 per year. The consumer economics program at Arizona State University - Tempe awarded 2 master's degrees during the 2020-2021 school year. About 100% of this group were women, and 50% were students from an underrepresented racial-ethnic group.
University of Minnesota - Twin Cities comes in at #7 on our list of the most popular colleges offering master's degrees in consumer economics. The average in-state tuition for full-time undergraduates is $13,532 per year, while in-state graduate students, on average, pay $17,844 per year. During the 2020-2021 academic year, 1 people received their master's degree in consumer economics from UMN Twin Cities.
University of Arizona comes in at #7 on our list of the most popular colleges offering master's degrees in consumer economics. The average in-state tuition for full-time undergraduates is $10,990 per year, while in-state graduate students, on average, pay $12,106 per year. During the 2020-2021 academic year, 1 people received their master's degree in consumer economics from University of Arizona.
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Related Majors
Below are some popular majors that are similar to consumer economics that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Child Development & Family Studies | 1,281 |
| Food, Nutrition & Related Services | 1,083 |
| General Family & Consumer Sciences | 328 |
| Textile & Apparel Studies | 139 |
| Human Sciences Business Services | 51 |
References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
More about our data sources and methodologies.
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