2022 Best Value 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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Petroleum Engineering Schools in New Mexico For Those Making $30-$48k” ranking.

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.

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 in New Mexico For Those Making $30-$48k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Petroleum Engineering Schools in New Mexico For Those Making $30-$48k

The following schools top our list of the Best Best Value Petroleum Engineering Schools in New Mexico For Those Making $30-$48k.

Top 1 Best Value 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

$12,297 Average Net Price

$53,600 Average Early-Career Earnings

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 in New Mexico For Those Making $30-$48k list. New Mexico Tech is a public institution located in Socorro, New Mexico. The school has a small population, and it awarded 23 ’s degrees in 2019-2020.

In addition to being on our new mexico petroleum engineering students whose families make $30-$48k list, New Mexico Tech has also earned the #1 rank in our “Best Petroleum Engineering Schools in New Mexico” ranking. It costs about $12,297 for new mexico petroleum engineering students whose families make $30-$48k per year to attend New Mexico Tech.

With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology

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