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It is in demand, especially by the US government and some law enforcement agencies. You can also find work with consulting companies, software companies (as what they call an "ethical hacker"), and law firms. It's a growing field, and that means that a lot of schools are starting to offer programs. But don't jump into just any school. Make sure it's a good one.
Make sure that you go to a solid program - a good school with a good reputation for its computer-related degrees. You can actually major in computer forensics in a few places, but... But.
It seems that most schools that offer computer forensics as an actual major aren't the strongest schools. It'd be better for you if you went to a strong school, majored in computer science, computer engineering, information technology, software engineering or similar, and then, while in school, got a certification in computer forensics. In fact, most job listings I see for these types of jobs want you to have a Bachelor's degree in Information Technology or Computer Science or Software Engineering, plus CISSP, GIAC, or CEH certifications.
The Certified Information System Security Professional (CISSP) is the most recognized certification in the field. It's offered by the International Information Systems Security Certification Consortium or (ISC)2, a non-profit organization.
So, to be quite frank, it'd be better for you to go to your state's best public university and get your BS in IT, and get your CISSP certification, than for you to major specifically in Computer Forensics at, say, Devry.
I hope this helps.
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