2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $0-$30k)
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k” ranking - to help you make that decision.
Petroleum Engineering is the 180th most popular major in the country with 1,582 degrees awarded in 2019-2020. In 2017-2018, petroleum engineering graduates who were awarded their degree in 2015-2017, earned an average of $66,730 and had an average of $24,667 in loans still to pay off.
At the bachelor’s degree level specifically, there were 1,123 petroleum engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k” ranking looked at 22 colleges that offer degrees in a bachelor’s in petroleum engineering. This ranking identifies schools with high-quality petroleum engineering programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the petroleum engineering program at the school. Check out our ranking methodology for more information.
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Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k
The colleges and universities below are the best for bachelor’s degree petroleum engineering students whose families make $0-$30k.
Top 22 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $0-$30k)
You’ll be in good company if you decide to attend Missouri University of Science and Technology. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Located in Rolla, Missouri, this medium-sized public school handed out 29 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
Missouri University of Science and Technology also took the #6 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Missouri University of Science and Technology is $10,755 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
Read full report on Petroleum Engineering at Missouri University of Science and Technology
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, University of Alaska Fairbanks landed the #2 spot on the list. Located in Fairbanks, Alaska, this medium-sized public school awarded 16 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
UAF also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #9. It costs about $7,133 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k per year to attend UAF.
Read more about Petroleum Engineering at University of Alaska Fairbanks
You’ll join some of the best and brightest minds around if you attend Texas A&M University - College Station. The school came in at #3 for the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k. Texas A&M University - College Station is a large school located in College Station, Texas that handed out 138 bachelors’s petroleum engineering degrees in 2019-2020.
Texas A&M College Station did well in our major quality rankings, too. It placed #3 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Texas A&M College Station is $11,454 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read more about Petroleum Engineering at Texas A&M University - College Station
You’ll be in good company if you decide to attend Texas Tech University. It ranked #4 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Texas Tech is a large public school situated in Lubbock, Texas. It awarded 50 bachelors’s petroleum engineering degrees in 2019-2020.
Texas Tech also took the #4 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Texas Tech University is $12,317 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Read full report on Petroleum Engineering at Texas Tech University
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, The University of Texas at Austin landed the #5 spot on the list. Located in Austin, Texas, this large public school handed out 72 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
UT Austin did well in our major quality rankings, too. It placed #1 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend UT Austin is $12,203 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
The University of Texas of the Permian Basin came in at #6 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in Odessa, Texas, this medium-sized public school awarded 39 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $0-$30k list, UT Permian Basin has also earned the #7 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for The University of Texas of the Permian Basin is $7,889 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
Read more about Petroleum Engineering at The University of Texas of the Permian Basin
University of Wyoming did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #7. This fairly large school is located in Laramie, Wyoming, and it awarded 65 bachelors’s petroleum engineering degrees in 2019-2020.
UW also took the #17 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend UW is $8,231 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Petroleum Engineering at University of Wyoming
University of North Dakota landed the #8 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. University of North Dakota is a fairly large public school situated in Grand Forks, North Dakota. It awarded 32 bachelors’s petroleum engineering degrees in 2019-2020.
UND also took the #8 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for UND is $11,092 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
Colorado School of Mines came in at #9 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. This medium-sized school is located in Golden, Colorado, and it awarded 84 bachelors’s petroleum engineering degrees in 2019-2020.
Mines did well in our major quality rankings, too. It placed #2 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Colorado School of Mines is $17,276 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
Louisiana State University and Agricultural & Mechanical College did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #10. Louisiana State University and Agricultural & Mechanical College is located in Baton Rouge, Louisiana and, has a large student population. In 2019-2020, this school awarded 80 bachelors’s petroleum engineering degrees to qualified students.
Louisiana State University also took the #13 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Louisiana State University and Agricultural & Mechanical College is $8,433 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Full Louisiana State University Petroleum Engineering Report
Montana Technological University did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #11. Butte, Montana is the setting for this small institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 28 students in 2019-2020.
Montana Tech did well in our major quality rankings, too. It placed #11 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Montana Tech is $11,010 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
West Virginia University landed the #12 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in Morgantown, West Virginia, this large public school handed out 87 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $0-$30k list, WVU has also earned the #18 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $9,213 for bachelor’s degree petroleum engineering students whose families make $0-$30k per year to attend WVU.
University of Houston came in at #13 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. This large school is located in Houston, Texas, and it awarded 61 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at UH, the school also landed the #16 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $10,203 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k per year to attend University of Houston.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
New Mexico Institute of Mining and Technology landed the #14 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. This small school is located in Socorro, New Mexico, and it awarded 18 bachelors’s petroleum engineering degrees in 2019-2020.
New Mexico Tech not only placed well in this ranking. It is also #21 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $10,924 for bachelor’s degree petroleum engineering students whose families make $0-$30k per year to attend New Mexico Tech.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology
With a ranking of #15, University of Louisiana at Lafayette did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. UL Lafayette is located in Lafayette, Louisiana and, has a fairly large student population. In 2019-2020, this school awarded 47 bachelors’s petroleum engineering degrees to qualified students.
UL Lafayette did well in our major quality rankings, too. It placed #20 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend UL Lafayette is $9,621 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
Full University of Louisiana at Lafayette Petroleum Engineering Report
With a ranking of #16, Mississippi State University did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Mississippi State is located in Mississippi State, Mississippi and, has a large student population. In 2019-2020, this school awarded 7 bachelors’s petroleum engineering degrees to qualified students.
Mississippi State did well in our major quality rankings, too. It placed #19 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Mississippi State is $13,986 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Read full report on Petroleum Engineering at Mississippi State University
Marietta College ranked #17 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. This small school is located in Marietta, Ohio, and it awarded 47 bachelors’s petroleum engineering degrees in 2019-2020.
Marietta also took the #12 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Marietta is $17,208 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Texas A&M University - Kingsville ranked #18 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Texas A&M University - Kingsville is a medium-sized public school situated in Kingsville, Texas. It awarded 12 bachelors’s petroleum engineering degrees in 2019-2020.
Texas A&M Kingsville also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #22. It costs about $11,105 for bachelor’s degree petroleum engineering students whose families make $0-$30k per year to attend Texas A&M Kingsville.
Read more about Petroleum Engineering at Texas A&M University - Kingsville
University of Oklahoma Norman Campus landed the #19 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Oklahoma is located in Norman, Oklahoma and, has a large student population. In 2019-2020, this school awarded 72 bachelors’s petroleum engineering degrees to qualified students.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $0-$30k list, University of Oklahoma has also earned the #10 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Oklahoma Norman Campus is $16,675 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
The student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Full University of Oklahoma Norman Campus Petroleum Engineering Report
With a ranking of #20, University of Kansas did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. This large school is located in Lawrence, Kansas, and it awarded 29 bachelors’s petroleum engineering degrees in 2019-2020.
KU did well in our major quality rankings, too. It placed #15 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Kansas is $14,387 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Read full report on Petroleum Engineering at University of Kansas
With a ranking of #21, University of Tulsa did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k list. University of Tulsa is a private not-for-profit institution located in Tulsa, Oklahoma. The school has a small population, and it awarded 49 bachelors’s degrees in 2019-2020.
University of Tulsa also took the #5 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend University of Tulsa is $14,391 for Bachelor’s Degree Petroleum Engineering students whose families make $0-$30k.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 2.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Petroleum Engineering at University of Tulsa
Saint Francis University came in at #22 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Saint Francis is a small school located in Loretto, Pennsylvania that handed out 3 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at Saint Francis, the school also landed the #14 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Saint Francis University is $21,504 for bachelor’s degree petroleum engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
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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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