Family and Consumer Economics and Related Studies Degree
Students study household financial management, consumer economics, financial planning, and the economic factors that affect family wellbeing and consumer behavior. Graduates typically pursue careers as financial counselors, consumer education specialists, community development workers, and family resource managers. This major prepares students to help families make sound financial decisions and manage resources effectively.
What Family and Consumer Economics and Related Studies Graduates Do
You'll use your expertise in economics to help people navigate major life decisions. The most common career, personal financial advisor, is less about staring at stock tickers and more about building relationships. You’ll meet with clients to understand their goals—buying a home, funding college, retiring comfortably—and then design a financial plan to get them there. This is the fastest-growing path. A different route is becoming a farm and home management educator, where you’ll run workshops and provide direct advice to families on everything from household budgeting to sustainable living, though this field faces hiring headwinds. A few graduates also teach these subjects at the college level.
Initially, you might support a senior advisor or co-teach a class before taking on your own clients or courses. AI's impact on these careers is moderate; it will automate significant parts of your routine work, like generating initial financial reports or grading simple assignments. This won't eliminate your job, but it will change it, freeing you to focus on the human skills AI can't replicate: building client trust, making complex judgment calls, and mentoring others.
Common Career Paths
Where Family and Consumer Economics and Related Studies graduates typically work, ranked by salary. Salary ranges show 25th–75th percentile spread. This field has roughly 25,400 combined openings per year.
| Career Path | Salary Range | Openings/yr | Growth | AI Risk |
|---|---|---|---|---|
| Personal financial advisors | 24,100 | +9.6% | 50% | |
| Family and consumer sciences teachers, postsecondary | 200 | +3.4% | 54% | |
| Farm and home management educators | 1,100 | -2.5% | 37% |
Source: BLS Occupational Employment & Wage Statistics, May 2024. Salary range shows 25th–median–75th percentile (national).
Best Schools for Family and Consumer Economics and Related Studies
16 schools ranked by DegreeOutlook Score. Click any row for full AI scenario analysis and earnings projections.
| # | School | DW Score | Earnings | ROI |
|---|---|---|---|---|
| 1 | Texas Tech University Lubbock, TX |
57 53–58 |
$53,997/yr | 13.9x |
| 2 | University of Georgia Athens, GA |
55 51–56 |
$48,620/yr | 14.4x |
| 3 | University of Missouri-Columbia Columbia, MO |
52 47–52 |
$50,614/yr | 10.5x |
| 4 | Ohio State University-Main Campus Columbus, OH |
51 47–52 |
$46,474/yr | 11.7x |
| 5 | South Dakota State University Brookings, SD |
47 44–48 |
$44,891/yr | 12.9x |
| 6 | The University of Tennessee-Knoxville Knoxville, TN |
45 42–46 |
$43,014/yr | 9.9x |
| 7 | The University of Alabama Tuscaloosa, AL |
45 43–46 |
$41,201/yr | 11.4x |
| 8 | Texas State University San Marcos, TX |
43 40–44 |
$45,666/yr | 9.9x |
| 9 | University of Minnesota-Twin Cities Minneapolis, MN |
37 35–37 |
$39,081/yr | 7.1x |
| 10 | University of Nebraska at Kearney Kearney, NE |
36 35–37 |
$38,009/yr | 11.6x |
| 11 | Arizona State University Campus Immersion Tempe, AZ |
35 35–35 |
$36,280/yr | 9.3x |
| 12 | University of Nebraska-Lincoln Lincoln, NE |
33 33–34 |
$35,242/yr | 10.3x |
| 13 | Arizona State University Digital Immersion Scottsdale, AZ |
31 30–31 |
$36,280/yr | — |
| 14 | Tennessee State University Nashville, TN |
28 29–28 |
$32,793/yr | 10.1x |
| 15 | Middle Tennessee State University Murfreesboro, TN |
26 27–26 |
$31,988/yr | 8.8x |
| 16 | SUNY Buffalo State University Buffalo, NY |
25 27–26 |
$28,180/yr | 10.9x |
Highest Earning Family and Consumer Economics and Related Studies Programs
Schools where Family and Consumer Economics and Related Studies graduates earn the most in their first year after graduation.
| School | 1-Year Earnings | DW Score |
|---|---|---|
| Texas Tech University | $53,997/yr | 57 |
| University of Missouri-Columbia | $50,614/yr | 52 |
| University of Georgia | $48,620/yr | 55 |
| Ohio State University-Main Campus | $46,474/yr | 51 |
| Texas State University | $45,666/yr | 43 |
| South Dakota State University | $44,891/yr | 47 |
| The University of Tennessee-Knoxville | $43,014/yr | 45 |
| The University of Alabama | $41,201/yr | 45 |
| University of Minnesota-Twin Cities | $39,081/yr | 37 |
| University of Nebraska at Kearney | $38,009/yr | 36 |
Best ROI for Family and Consumer Economics and Related Studies
Schools with the highest earnings-to-tuition ratio for Family and Consumer Economics and Related Studies.
| School | ROI Multiple | Earnings | DW Score |
|---|---|---|---|
| University of Georgia | 14.4x | $48,620/yr | 55 |
| Texas Tech University | 13.9x | $53,997/yr | 57 |
| South Dakota State University | 12.9x | $44,891/yr | 47 |
| Ohio State University-Main Campus | 11.7x | $46,474/yr | 51 |
| University of Nebraska at Kearney | 11.6x | $38,009/yr | 36 |
| The University of Alabama | 11.4x | $41,201/yr | 45 |
| SUNY Buffalo State University | 10.9x | $28,180/yr | 25 |
| University of Missouri-Columbia | 10.5x | $50,614/yr | 52 |
| University of Nebraska-Lincoln | 10.3x | $35,242/yr | 33 |
| Tennessee State University | 10.1x | $32,793/yr | 28 |
Related Majors
Explore similar fields of study.