2022 Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 1,582 people earned their degree in petroleum engineering, making the major the 180th most popular in the United States. 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.

Across New Mexico, there were 23 petroleum engineering graduates with average earnings and debt of $0 and $26,747 respectively. At the doctor’s degree level specifically, there were 3 petroleum engineering graduates with average earnings and debt of $60,967 and $104,936 respectively.

This ranking identifies schools with high-quality petroleum engineering programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the petroleum engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

The petroleum engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $0-$30k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $0-$30k

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $0-$30k.

Top 1 Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $0-$30k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$25,602 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend New Mexico Institute of Mining and Technology. The school came in at #1 for the Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $0-$30k. New Mexico Tech is a small school located in Socorro, New Mexico that handed out 3 doctorate’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at New Mexico Tech, the school also landed the #1 spot in our “Best Petroleum Engineering Doctor’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at New Mexico Tech are $25,602, but some majors have different tuition rates.

Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology

• Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $0-$30k) in the Southwest Region
• Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $0-$30k)

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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