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2022 Best Value Master’s Degree Colleges for Family & Consumer Economics

8 Ranked Colleges
213 Degrees Awarded
$23,800 Avg Grad Tuition & Fees*
Best Value Consumer Economics Schools for a Master's

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Consumer Economics Schools for a Master’s” ranking is part of that endeavor.

In 2019-2020, 1,530 people earned their degree in family and consumer economics, making the major the 202nd most popular in the United States. In 2017-2018, family and consumer economics graduates who were awarded their degree in 2015-2017, earned an average of $35,290 and had an average of $24,968 in loans still to pay off.

At the master’s degree level specifically, there were 213 family and consumer economics graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Consumer Economics Schools for a Master’s” ranking analyzed 8 colleges that offered a degree in family and consumer economics. Not only do the schools that top this list have excellent family and consumer economics programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the family and consumer economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Consumer Economics Schools for a Master’s” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Consumer Economics Schools for a Master’s

The colleges and universities below are the best for master’s degree consumer economics students.

Top 8 Best Value Master’s Degree Colleges for Family & Consumer Economics

#1

Texas Tech University

Lubbock, Texas

Out of the 8 schools in the Best Value Consumer Economics Schools for a Master’s that were part of this year’s ranking, Texas Tech University landed the #1 spot on the list. Texas Tech University is a large public school situated in Lubbock, Texas. It awarded 80 masters’s consumer economics degrees in 2019-2020.

As a testament to the quality of education offered at Texas Tech, the school also landed the #1 spot in our “Best Family & Consumer Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Texas Tech are $17,530, but some majors have different tuition rates.

Read full report on Family & Consumer Economics at Texas Tech

Out of the 8 schools in the Best Value Consumer Economics Schools for a Master’s that were part of this year’s ranking, Arizona State University - Skysong landed the #2 spot on the list. Located in Scottsdale, Arizona, this large public school handed out 84 degrees to qualified masters’s consumer economics students in 2019-2020.

As a testament to the quality of education offered at ASU - Skysong, the school also landed the #6 spot in our “Best Family & Consumer Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at Arizona State University - Skysong are $6,724, but some majors have different tuition rates.

Read more about Family & Consumer Economics at Arizona State University - Skysong

#2 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Missouri - Columbia. The school came in at #3 for the Best Value Consumer Economics Schools for a Master’s. Mizzou is a large school located in Columbia, Missouri that handed out 8 masters’s consumer economics degrees in 2019-2020.

In addition to being on our master’s degree consumer economics students list, Mizzou has also earned the #2 rank in our “Best Family & Consumer Economics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Missouri - Columbia are $27,193, but some majors have different tuition rates.

Read more about Family & Consumer Economics at Mizzou

#4

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#3 in overall quality

Out of the 8 schools in the Best Value Consumer Economics Schools for a Master’s that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #4 spot on the list. University of Minnesota - Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 3 masters’s consumer economics degrees to qualified students.

UMN Twin Cities did well in our major quality rankings, too. It placed #3 on our “Best Family & Consumer Economics Master’s Degree Schools” list. Average graduate tuition and fees at University of Minnesota - Twin Cities are $28,845, but you may pay more or less depending on your major.

Full University of Minnesota - Twin Cities Family & Consumer Economics Report

You’ll be in good company if you decide to attend New Mexico State University - Main Campus. It ranked #5 on our 2022 Best Value Consumer Economics Schools for a Master’s list. NMSU Main Campus is a public institution located in Las Cruces, New Mexico. The school has a fairly large population, and it awarded 16 masters’s degrees in 2019-2020.

NMSU Main Campus not only placed well in this ranking. It is also #8 on our “Best Family & Consumer Economics Master’s Degree Schools” list. Average graduate tuition and fees at New Mexico State University - Main Campus are $18,275, but you may pay more or less depending on your major.

Read more about Family & Consumer Economics at New Mexico State University - Main Campus

#6

The University of Alabama

Tuscaloosa, Alabama
#4 in overall quality

With a ranking of #6, The University of Alabama did quite well on the 2022 Best Value Consumer Economics Schools for a Master’s list. UA is a large school located in Tuscaloosa, Alabama that handed out 12 masters’s consumer economics degrees in 2019-2020.

UA not only placed well in this ranking. It is also #4 on our “Best Family & Consumer Economics Master’s Degree Schools” list. Average graduate tuition and fees at The University of Alabama are $30,940, but some majors have different tuition rates.

Read more about Family & Consumer Economics at UA

Arizona State University - Tempe came in at #7 in this year’s edition of the Best Value Consumer Economics Schools for a Master’s ranking. Located in Tempe, Arizona, this large public school handed out 6 degrees to qualified masters’s consumer economics students in 2019-2020.

ASU - Tempe not only placed well in this ranking. It is also #7 on our “Best Family & Consumer Economics Master’s Degree Schools” list. Average graduate tuition and fees at Arizona State University - Tempe are $27,048, but you may pay more or less depending on your major.

Read more about Family & Consumer Economics at ASU - Tempe

#8

University of Arizona

Tucson, Arizona
#5 in overall quality

University of Arizona came in at #8 in this year’s edition of the Best Value Consumer Economics Schools for a Master’s ranking. Located in Tucson, Arizona, this large public school handed out 3 degrees to qualified masters’s consumer economics students in 2019-2020.

University of Arizona did well in our major quality rankings, too. It placed #5 on our “Best Family & Consumer Economics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Arizona are $33,399.

Full University of Arizona Family & Consumer Economics Report

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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