2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in New Mexico

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 Bachelor’s in New Mexico For Those Making $48-$75k” 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 bachelor’s degree level specifically, there were 18 petroleum engineering graduates with average earnings and debt of $36,108 and $24,162 respectively.

Not only do the schools that top this list have excellent petroleum engineering programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the petroleum engineering program at the school. See our ranking methodology to learn more.

More Ways to Rank Petroleum Engineering Schools

The petroleum engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making $48-$75k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making $48-$75k

The colleges and universities below are the best for new mexico bachelor’s degree petroleum engineering students whose families make $48-$75k.

Top 1 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$14,429 Average Net Price

$67,660 Average Early-Career Earnings

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 Bachelor’s in New Mexico For Those Making $48-$75k. 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 18 bachelors’s degrees in 2019-2020.

New Mexico Tech also took the #1 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in New Mexico” ranking. It costs about $14,429 for New Mexico Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend New Mexico Institute of Mining and Technology.

Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full New Mexico Tech Petroleum Engineering Report

• Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Southwest Region
• Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k)

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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