2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $75-$110k)
It’s not easy to decide which college to attend when there so many options available for students. 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 for a Bachelor’s For Those Making $75-$110k” 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.
At the bachelor’s degree level specifically, there were 1,123 petroleum engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k” ranking analyzed 22 colleges that offered a degree in petroleum engineering. 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. For more information, check out our ranking methodology.
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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 for a Bachelor’s For Those Making $75-$110k” list, to help you choose the best school for you.
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Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k
The colleges and universities below are the best for bachelor’s degree petroleum engineering students whose families make $75-$110k.
Top 22 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $75-$110k)
You’ll be in good company if you decide to attend University of Alaska Fairbanks. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. Located in Fairbanks, Alaska, this medium-sized public school handed out 16 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
UAF not only placed well in this ranking. It is also #9 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Alaska Fairbanks is $14,970 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
Full University of Alaska Fairbanks Petroleum Engineering Report
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k that were part of this year’s ranking, The University of Texas of the Permian Basin landed the #2 spot on the list. UT Permian Basin is a medium-sized public school situated in Odessa, Texas. It awarded 39 bachelors’s petroleum engineering degrees in 2019-2020.
UT Permian Basin did well in our major quality rankings, too. It placed #7 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UT Permian Basin is $10,923 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
Read full report on Petroleum Engineering at UT Permian Basin
You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #3 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. UT Austin is a large school located in Austin, Texas that handed out 72 bachelors’s petroleum engineering degrees in 2019-2020.
UT Austin not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for The University of Texas at Austin is $20,454 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k that were part of this year’s ranking, Missouri University of Science and Technology landed the #4 spot on the list. Missouri University of Science and Technology is a medium-sized public school situated in Rolla, Missouri. It awarded 29 bachelors’s petroleum engineering degrees in 2019-2020.
Missouri University of Science and Technology also took the #6 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Missouri University of Science and Technology is $16,060 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
The low student loan default rate of 3.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
Full Missouri University of Science and Technology Petroleum Engineering Report
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k that were part of this year’s ranking, University of North Dakota landed the #5 spot on the list. Located in Grand Forks, North Dakota, this fairly large public school handed out 32 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.
UND did well in our major quality rankings, too. It placed #8 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $17,409 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k per year to attend University of North Dakota.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
University of Wyoming came in at #6 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking. This fairly large school is located in Laramie, Wyoming, and it awarded 65 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at UW, the school also landed the #17 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $14,958 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k per year to attend UW.
The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Texas Tech University ranked #7 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. Texas Tech is a public institution located in Lubbock, Texas. The school has a large population, and it awarded 50 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $75-$110k list, Texas Tech has also earned the #4 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Texas Tech is $21,305 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read more about Petroleum Engineering at Texas Tech University
With a ranking of #8, West Virginia University did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. WVU is a public institution located in Morgantown, West Virginia. The school has a large population, and it awarded 87 bachelors’s degrees in 2019-2020.
WVU also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #18. The estimated yearly cost for West Virginia University is $16,189 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
Read more about Petroleum Engineering at West Virginia University
Montana Technological University landed the #9 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking. Montana Technological University is a public institution located in Butte, Montana. The school has a small population, and it awarded 28 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Montana Tech, the school also landed the #11 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Montana Tech is $17,493 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
With a ranking of #10, Texas A&M University - College Station did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. College Station, Texas is the setting for this large institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 138 students in 2019-2020.
Texas A&M College Station not only placed well in this ranking. It is also #3 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Texas A&M University - College Station is $26,028 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.
Read full report on Petroleum Engineering at Texas A&M College Station
University of Louisiana at Lafayette did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #11. This fairly large school is located in Lafayette, Louisiana, and it awarded 47 bachelors’s petroleum engineering degrees in 2019-2020.
UL Lafayette also took the #20 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend UL Lafayette is $15,202 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
With a ranking of #12, Marietta College did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. Located in Marietta, Ohio, this small private not-for-profit school handed out 47 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $75-$110k list, Marietta has also earned the #12 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Marietta College is $20,608 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
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.
University of Houston ranked #13 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. University of Houston is located in Houston, Texas and, has a large student population. In 2019-2020, this school awarded 61 bachelors’s petroleum engineering degrees to qualified students.
As a testament to the quality of education offered at UH, the school also landed the #16 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $18,844 for bachelor’s degree petroleum engineering students whose families make $75-$110k per year to attend UH.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
New Mexico Institute of Mining and Technology did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #14. Located in Socorro, New Mexico, this small public school handed out 18 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
New Mexico Tech did well in our major quality rankings, too. It placed #21 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for New Mexico Tech is $16,795 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology
With a ranking of #15, Mississippi State University did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. Mississippi State is located in Mississippi State, Mississippi and, has a large student population. In 2019-2020, this school awarded 7 bachelors’s petroleum engineering degrees to qualified students.
Mississippi State also took the #19 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $19,558 for bachelor’s degree petroleum engineering students whose families make $75-$110k per year to attend Mississippi State University.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Read full report on Petroleum Engineering at Mississippi State
University of Tulsa landed the #16 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking. University of Tulsa is a small school located in Tulsa, Oklahoma that handed out 49 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at University of Tulsa, the school also landed the #5 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $21,224 for bachelor’s degree petroleum engineering students whose families make $75-$110k per year to attend University of Tulsa.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.
With a ranking of #17, Louisiana State University and Agricultural & Mechanical College did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. Louisiana State University and Agricultural & Mechanical College is a large public school situated in Baton Rouge, Louisiana. It awarded 80 bachelors’s petroleum engineering degrees in 2019-2020.
Louisiana State University not only placed well in this ranking. It is also #13 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Louisiana State University is $20,965 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
With a ranking of #18, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. Texas A&M Kingsville is a public institution located in Kingsville, Texas. The school has a medium-sized population, and it awarded 12 bachelors’s degrees in 2019-2020.
Texas A&M Kingsville also took the #22 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Texas A&M Kingsville is $19,635 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
Full Texas A&M University - Kingsville Petroleum Engineering Report
University of Kansas came in at #19 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking. This large school is located in Lawrence, Kansas, and it awarded 29 bachelors’s petroleum engineering degrees in 2019-2020.
KU also took the #15 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for KU is $20,981 for bachelor’s degree petroleum engineering students whose families make $75-$110k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Colorado School of Mines landed the #20 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking. Mines is a medium-sized school located in Golden, Colorado that handed out 84 bachelors’s petroleum engineering degrees in 2019-2020.
Mines not only placed well in this ranking. It is also #2 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Mines is $30,771 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
The low student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
University of Oklahoma Norman Campus landed the #21 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k ranking. University of Oklahoma is a large public school situated in Norman, Oklahoma. It awarded 72 bachelors’s petroleum engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $75-$110k list, University of Oklahoma has also earned the #10 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $24,730 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k per year to attend University of Oklahoma.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Petroleum Engineering at University of Oklahoma
Saint Francis University ranked #22 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $75-$110k list. This small school is located in Loretto, Pennsylvania, and it awarded 3 bachelors’s petroleum engineering degrees in 2019-2020.
Saint Francis also took the #14 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Saint Francis University is $31,419 for Bachelor’s Degree Petroleum Engineering students whose families make $75-$110k.
The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
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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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