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Master's Degree in Family & Consumer Economics

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Master’s Degrees in Family & Consumer Economics

182 Yearly Graduations
$40,368 Median Salary
$30,492 Median Debt
There are 9 colleges and univerities across the nation that offer a master's degree in consumer economics. This degree is more popular with female students, and about 42% of recent graduates were from an underrepresented racial-ethnic group. Also, 4.4% of consumer economics graduates were international students.

Education Levels of Consumer Economics Majors

During the most recent year for which data is available, 182 people earned their master's degree in consumer economics. 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 182
Graduate Certificate 68
Doctor’s Degree 8

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.

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Student Debt

The median student debt for graduates holding a master's degree in consumer economics is $30,492. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary. The chart below shows the range of accumulated debt loads. On the high side of the range, $35,340 is the debt load, and the debt load on the low side is $24,784.

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Student Diversity

More women than men pursue their master's degree in consumer economics. About 74.2% of graduates with this degree are female.

Gender Number of Grads
Men 47
Women 135
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The racial-ethnic distribution of consumer economics master’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 6
Black or African American 15
Hispanic or Latino 47
White 92
International Students 8
Other Races/Ethnicities 14
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There are 9 colleges that offer a master’s degree in consumer economics. Learn more about the most popular 9 below:

#1

Arizona State University - Skysong

Scottsdale, Arizona
93 Yearly Graduations
93% Women
44% Racial-Ethnic Minorities*

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 $10,978 per year, while in-state graduate students, on average, pay $9,972 per year. During the most recent year for which we have data, 93 people received their master's degree in consumer economics from ASU - Skysong. About 93% of this group were women, and 44% were students from an underrepresented racial-ethnic group.

#2

Texas Tech University

Lubbock, Texas
59 Yearly Graduations
33% Women
40% Racial-Ethnic Minorities*

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 most recent year for which we have data, 59 people received their master's degree in consumer economics from Texas Tech. About 33% of this group were women, and 40% were students from an underrepresented racial-ethnic group.

#3

The University of Alabama

Tuscaloosa, Alabama
31 Yearly Graduations
56% Women
20% Racial-Ethnic Minorities*

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 $11,100 per year, while in-state graduate students, on average, pay $11,100 per year. During the most recent year for which we have data, 31 people received their master's degree in consumer economics from UA. Around 20% of these students were from an underrepresented racial-ethnic group, and 56% were women.

16 Yearly Graduations
100% Women
63% Racial-Ethnic Minorities*

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. The average in-state tuition for full-time undergraduates is $6,283 per year, while in-state graduate students, on average, pay $5,184 per year. During the most recent year for which we have data, 16 people received their master's degree in consumer economics from NMSU Main Campus. About 100% of this group were women, and 63% were students from an underrepresented racial-ethnic group.

#5

South Dakota State University

Brookings, South Dakota
2 Yearly Graduations
100% Women

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 most recent year for which we have data, 2 people received their master's degree in consumer economics from South Dakota State.

#7

University of Arizona

Tucson, Arizona
1 Yearly Graduations
100% Women
75% Racial-Ethnic Minorities*

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 $11,210 per year, while in-state graduate students, on average, pay $12,348 per year. During the most recent year for which we have data, 1 people received their master's degree in consumer economics from University of Arizona. Of these students, 100% were women and 75% were members of underrepresented racial-ethnic groups.

#7

University of Minnesota - Twin Cities

Minneapolis, Minnesota
1 Yearly Graduations
50% Women

University of Minnesota - Twin Cities comes in at #7 on our list of the most popular colleges offering master's degrees in consumer economics. Roughly 52,000 attend the school each year. The average in-state tuition for full-time undergraduates is $14,006 per year, while in-state graduate students, on average, pay $18,468 per year. During the most recent year for which we have data, 1 people received their master's degree in consumer economics from UMN Twin Cities. About 50% of this group were women, and 100% were students from an underrepresented racial-ethnic group.

Consumer Economics Concentrations

Major Annual Degrees Awarded
179
2
1

Below are some popular majors that are similar to consumer economics that offer master’s degrees.

Major Annual Degrees Awarded
1,253
1,047
264
110
54

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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