2022 Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $30-$48k) in New Mexico

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Doctorate in New Mexico For Those Making $30-$48k” ranking - to help you make that 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.

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.

More Ways to Rank Petroleum Engineering Schools

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 Doctorate in New Mexico 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. 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 Doctorate in New Mexico For Those Making $30-$48k

The colleges and universities below are the best for new mexico doctor’s degree petroleum engineering students whose families make $30-$48k.

Top 1 Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $30-$48k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$25,602 Avg Grad Tuition & Fees

Out of the 1 schools in the Best Value Petroleum Engineering Schools for a Doctorate in New Mexico For Those Making $30-$48k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #1 spot on the list. Located in Socorro, New Mexico, this small public school awarded 3 degrees to qualified doctorate’s petroleum engineering students 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. 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.

Read full report on Petroleum Engineering at New Mexico Tech

• Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region
• Best Value Doctor’s Degree Colleges for Petroleum Engineering (Income $30-$48k)

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.

Featured Engineering Schools

Request Info

Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn More >