2022 Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k

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 Master’s in New Mexico For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k

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

Top 1 Best Value Master’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

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 Master’s in New Mexico For Those Making $30-$48k. New Mexico Institute of Mining and Technology 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 also took the #1 spot in our “Best Petroleum Engineering Master’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 Tech are $25,602.

Read more about Petroleum Engineering at New Mexico Tech

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

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