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

It’s not easy to decide which college to attend when there so many options available for students. 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 Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking is part of that endeavor.

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.

Across New Mexico, there were 23 petroleum engineering graduates with average earnings and debt of $0 and $26,747 respectively. At the master’s degree level specifically, there were 2 petroleum engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

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.

More Ways to Rank Petroleum Engineering Schools

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 Master’s 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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

The colleges and universities below are the best for new mexico master’s degree petroleum engineering students whose families make $0-$30k.

Top 1 Best Value Master’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 be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $0-$30k list. New Mexico Tech is a public institution located in Socorro, New Mexico. The school has a small population, and it awarded 2 masters’s degrees in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Master’s Degree Schools in New Mexico” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602.

Full New Mexico Institute of Mining and Technology Petroleum Engineering Report

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