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

Students have lots of options to chooose from today when trying to decide which college to attend. 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 in New Mexico For Those Making $48-$75k” 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.

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. For more information, check out our ranking methodology.

More Ways to Rank Petroleum Engineering Schools

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 in New Mexico For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

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 in New Mexico For Those Making $48-$75k

The following schools top our list of the Best Best Value Petroleum Engineering Schools in New Mexico For Those Making $48-$75k.

Top 1 Best Value 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

$53,600 Average Early-Career Earnings

Out of the 1 schools in the Best Value Petroleum Engineering Schools in New Mexico For Those Making $48-$75k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #1 spot on the list. This small school is located in Socorro, New Mexico, and it awarded 23 ’s petroleum engineering degrees in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Schools in New Mexico” list. It costs about $14,429 for new mexico petroleum engineering students whose families make $48-$75k per year to attend New Mexico Institute of Mining and Technology.

The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

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

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