2022 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Far Western US Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

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 Far Western US region, there were 73 petroleum engineering graduates with average earnings and debt of $72,200 and $0 respectively. At the master’s degree level specifically, there were 48 petroleum engineering graduates with average earnings and debt of $59,319 and $48,880 respectively.

For this year’s “Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k” ranking, we looked at 3 colleges that offer 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 the Far Western US Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k.

Top 3 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Far Western US Region

#1

Stanford University

Stanford, California

$55,011 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #1 for the Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k. Stanford is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 4 masters’s degrees in 2019-2020.

Stanford not only placed well in this ranking. It is also #0 on our “Best Petroleum Engineering Master’s Degree Schools in the Far Western US Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Stanford University are $55,011.

Full Stanford University Petroleum Engineering Report

#2

University of Alaska Fairbanks

Fairbanks, Alaska

#2 in overall quality

$24,287 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Alaska Fairbanks. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k list. Fairbanks, Alaska is the setting for this medium-sized institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 6 students in 2019-2020.

As a testament to the quality of education offered at UAF, the school also landed the #2 spot in our “Best Petroleum Engineering Master’s Degree Schools in the Far Western US Region” ranking. Average graduate tuition and fees at University of Alaska Fairbanks are $24,287, but some majors have different tuition rates.

Full University of Alaska Fairbanks Petroleum Engineering Report

#3

University of Southern California

Los Angeles, California

#1 in overall quality

$48,715 Avg Grad Tuition & Fees

$72,899 Average Early-Career Earnings

Out of the 3 schools in the Best Value Petroleum Engineering Schools for a Master’s in the Far Western US Region For Those Making $48-$75k that were part of this year’s ranking, University of Southern California landed the #3 spot on the list. Located in Los Angeles, California, this large private not-for-profit school awarded 38 degrees to qualified masters’s petroleum engineering students in 2019-2020.

As a testament to the quality of education offered at USC, the school also landed the #1 spot in our “Best Petroleum Engineering Master’s Degree Schools in the Far Western US Region” ranking. Average graduate tuition and fees at USC are $48,715, but you may pay more or less depending on your major.

Full University of Southern California Petroleum Engineering Report

• Best Value Master’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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