2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Bachelor’s in the Southwest Region For Those Making $30-$48k” ranking is part of that endeavor.
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. At the bachelor’s degree level specifically, there were 511 petroleum engineering graduates with average earnings and debt of $38,896 and $23,899 respectively.
This year’s “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k” ranking analyzed 9 colleges that offered a degree 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 for a Bachelor’s in the Southwest Region For Those Making $30-$48k” list, to help you choose the best school for you.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k
The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k.
Top 9 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region
Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k that were part of this year’s ranking, The University of Texas of the Permian Basin landed the #1 spot on the list. The University of Texas of the Permian Basin is a public institution located in Odessa, Texas. The school has a medium-sized population, and it awarded 39 bachelors’s degrees in 2019-2020.
UT Permian Basin also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #5. It costs about $10,221 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k per year to attend The University of Texas of the Permian Basin.
You’ll be in good company if you decide to attend Texas Tech University. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k list. Located in Lubbock, Texas, this large public school awarded 50 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
As a testament to the quality of education offered at Texas Tech, the school also landed the #3 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $13,326 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k per year to attend Texas Tech University.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k that were part of this year’s ranking, Texas A&M University - College Station landed the #3 spot on the list. Located in College Station, Texas, this large public school handed out 138 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
In addition to being on our southwest region bachelor’s degree petroleum engineering students whose families make $30-$48k list, Texas A&M College Station has also earned the #2 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The yearly cost to attend Texas A&M University - College Station is $13,270 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read full report on Petroleum Engineering at Texas A&M University - College Station
Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k that were part of this year’s ranking, The University of Texas at Austin landed the #4 spot on the list. This large school is located in Austin, Texas, and it awarded 72 bachelors’s petroleum engineering degrees 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 in the Southwest Region” list. The estimated yearly cost for The University of Texas at Austin is $13,575 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.
Read more about Petroleum Engineering at The University of Texas at Austin
You’ll join some of the best and brightest minds around if you attend University of Houston. The school came in at #5 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k. 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 #7 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $9,925 for southwest region bachelor’s degree petroleum engineering students whose families make $30-$48k per year to attend UH.
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 Houston
With a ranking of #6, New Mexico Institute of Mining and Technology did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k list. New Mexico Tech is a small public school situated in Socorro, New Mexico. It awarded 18 bachelors’s petroleum engineering degrees in 2019-2020.
New Mexico Tech did well in our major quality rankings, too. It placed #8 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $12,297 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k per year to attend New Mexico Institute of Mining and Technology.
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.
Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology
University of Oklahoma Norman Campus landed the #7 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k ranking. Norman, Oklahoma is the setting for this large institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 72 students in 2019-2020.
In addition to being on our southwest region bachelor’s degree petroleum engineering students whose families make $30-$48k list, University of Oklahoma has also earned the #6 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The estimated yearly cost for University of Oklahoma is $17,285 for southwest region bachelor’s degree petroleum engineering students whose families make $30-$48k.
The low student loan default rate of 4.7% 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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read more about Petroleum Engineering at University of Oklahoma
With a ranking of #8, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k list. Located in Kingsville, Texas, this medium-sized public school handed out 12 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
Texas A&M Kingsville not only placed well in this ranking. It is also #9 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $11,721 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k per year to attend Texas A&M Kingsville.
Read more about Petroleum Engineering at Texas A&M Kingsville
University of Tulsa ranked #9 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $30-$48k list. University of Tulsa is a small school located in Tulsa, Oklahoma that handed out 49 bachelors’s petroleum engineering degrees in 2019-2020.
In addition to being on our southwest region bachelor’s degree petroleum engineering students whose families make $30-$48k list, University of Tulsa has also earned the #4 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $16,983 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $30-$48k per year to attend University of Tulsa.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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 full report on Petroleum Engineering at University of Tulsa
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Best Petroleum Engineering Bachelor's Degree Schools in the Southwest Region
Petroleum Engineering students in the Southwest Region
Most Focused Bachelor's Degree Colleges for Petroleum Engineering in the Southwest Region
Petroleum Engineering students in the Southwest Region
Most Popular Bachelor's Degree Online Petroleum Engineering Schools
Petroleum Engineering students in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $0-$30k) in the Southwest Region
Petroleum Engineering students with family income less than $30k in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Southwest Region
Petroleum Engineering students with family income $48-$75k in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region
Petroleum Engineering students with family income exceeding $110k in the Southwest Region
Highest Paid Bachelor's Degree Petroleum Engineering Graduates in the Southwest Region
Petroleum Engineering students in the Southwest Region
Most Popular Bachelor's Degree Colleges for Petroleum Engineering in the Southwest Region
Petroleum Engineering students in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering in the Southwest Region (With Aid)
Petroleum Engineering students getting aid in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region
Petroleum Engineering students with family income $30-$48k in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $75-$110k) in the Southwest Region
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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