2022 Best Value Colleges for Petroleum Engineering (Income $0-$30k) in the Southwest Region
It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
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 the Southwest region, there were 765 petroleum engineering graduates with average earnings and debt of $73,071 and $23,687 respectively.
This year’s “Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k” ranking looked at 10 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.
Some of the factors we look at when determining these rankings are overall quality of the petroleum engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k” list, to help you choose the best school for you.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. 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 in the Southwest Region For Those Making $0-$30k
The following schools top our list of the Best Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k.
Top 10 Best Value Colleges for Petroleum Engineering (Income $0-$30k) in the Southwest Region
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 #1 for the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k. Texas A&M College Station is a public institution located in College Station, Texas. The school has a large population, and it awarded 239 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Texas A&M College Station, the school also landed the #2 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend Texas A&M University - College Station is $11,454 for Southwest Region 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read more about Petroleum Engineering at Texas A&M University - College Station
You’ll join some of the best and brightest minds around if you attend Texas Tech University. The school came in at #2 for the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k. This large school is located in Lubbock, Texas, and it awarded 63 ’s petroleum engineering degrees in 2019-2020.
In addition to being on our southwest region petroleum engineering students whose families make $0-$30k list, Texas Tech has also earned the #3 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $12,317 for Southwest Region Petroleum Engineering students whose families make $0-$30k per year to attend Texas Tech.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read more about Petroleum Engineering at Texas Tech University
You’ll be in good company if you decide to attend The University of Texas of the Permian Basin. It ranked #3 on our 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k list. Located in Odessa, Texas, this medium-sized public school handed out 39 diplomas to qualified ’s petroleum engineering students in 2019-2020.
UT Permian Basin also took the #5 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $7,889 for southwest region petroleum engineering students whose families make $0-$30k per year to attend UT Permian Basin.
Read full report on Petroleum Engineering at The University of Texas of the Permian Basin
Out of the 10 schools in the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k that were part of this year’s ranking, The University of Texas at Austin landed the #4 spot on the list. UT Austin is located in Austin, Texas and, has a large student population. In 2019-2020, this school awarded 106 ’s petroleum engineering degrees to qualified students.
UT Austin not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Schools in the Southwest Region” list. The estimated yearly cost for UT Austin is $12,203 for southwest region petroleum engineering students whose families make $0-$30k.
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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Read more about Petroleum Engineering at The University of Texas at Austin
Out of the 10 schools in the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k that were part of this year’s ranking, Oklahoma State University - Main Campus landed the #5 spot on the list. Oklahoma State University - Main Campus is located in Stillwater, Oklahoma and, has a large student population. In 2019-2020, this school awarded 4 ’s petroleum engineering degrees to qualified students.
In addition to being on our southwest region petroleum engineering students whose families make $0-$30k list, OSU has also earned the #7 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $8,669 for Southwest Region Petroleum Engineering students whose families make $0-$30k per year to attend OSU.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Read more about Petroleum Engineering at Oklahoma State University - Main Campus
With a ranking of #6, University of Houston did quite well on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k list. Located in Houston, Texas, this large public school awarded 91 degrees to qualified ’s petroleum engineering students in 2019-2020.
As a testament to the quality of education offered at UH, the school also landed the #8 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $10,203 for Southwest Region Petroleum Engineering students whose families make $0-$30k per year to attend University of Houston.
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 more about Petroleum Engineering at University of Houston
With a ranking of #7, New Mexico Institute of Mining and Technology did quite well on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k list. This small school is located in Socorro, New Mexico, and it awarded 23 ’s petroleum engineering degrees in 2019-2020.
In addition to being on our southwest region petroleum engineering students whose families make $0-$30k list, New Mexico Tech has also earned the #9 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend New Mexico Institute of Mining and Technology is $10,924 for Southwest Region Petroleum Engineering students whose families make $0-$30k.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Texas A&M University - Kingsville ranked #8 on this year’s Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k list. Located in Kingsville, Texas, this medium-sized public school awarded 14 degrees to qualified ’s petroleum engineering students in 2019-2020.
As a testament to the quality of education offered at Texas A&M Kingsville, the school also landed the #10 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $11,105 for Southwest Region Petroleum Engineering students whose families make $0-$30k per year to attend Texas A&M Kingsville.
University of Oklahoma Norman Campus landed the #9 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k ranking. University of Oklahoma is a large public school situated in Norman, Oklahoma. It awarded 111 ’s petroleum engineering degrees in 2019-2020.
University of Oklahoma also took the #6 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for University of Oklahoma is $16,675 for Southwest Region Petroleum Engineering students whose families make $0-$30k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.
Read more about Petroleum Engineering at University of Oklahoma
University of Tulsa landed the #10 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $0-$30k ranking. University of Tulsa is a small private not-for-profit school situated in Tulsa, Oklahoma. It awarded 75 ’s petroleum engineering degrees in 2019-2020.
University of Tulsa also made our “Best Petroleum Engineering Schools in the Southwest Region” list, coming in at #4. It costs about $14,391 for Southwest Region Petroleum Engineering students whose families make $0-$30k per year to attend University of Tulsa.
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
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Best Petroleum Engineering Schools in the Southwest Region
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Petroleum Engineering students in the Southwest Region
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Petroleum Engineering students with family income $75-$110k in the Southwest Region
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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