2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $75-$110k) in the Rocky Mountains Region

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k” ranking as one item you can use to help make this 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 the Rocky Mountains region, there were 225 petroleum engineering graduates with average earnings and debt of $67,233 and $23,717 respectively. At the bachelor’s degree level specifically, there were 177 petroleum engineering graduates with average earnings and debt of $38,111 and $23,874 respectively.

For this year’s “Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k” ranking, we looked at 3 colleges that offer a degree in petroleum engineering. The schools that top this list are recognized because they have great petroleum engineering programs and 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.

One Size Does Not Fit All

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 for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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 the Rocky Mountains Region For Those Making $75-$110k

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k.

Top 3 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $75-$110k) in the Rocky Mountains Region

#1

University of Wyoming

Laramie, Wyoming

#3 in overall quality

$14,958 Average Net Price

$75,047 Average Early-Career Earnings

Out of the 3 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k that were part of this year’s ranking, University of Wyoming landed the #1 spot on the list. UW is a fairly large school located in Laramie, Wyoming that handed out 65 bachelors’s petroleum engineering degrees in 2019-2020.

In addition to being on our rocky mountains region bachelor’s degree petroleum engineering students whose families make $75-$110k list, UW has also earned the #3 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Rocky Mountains Region” ranking. The yearly cost to attend University of Wyoming is $14,958 for rocky mountains region bachelor’s degree petroleum engineering students whose families make $75-$110k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read full report on Petroleum Engineering at University of Wyoming

#2

Montana Technological University

Butte, Montana

#2 in overall quality

$17,493 Average Net Price

$88,096 Average Early-Career Earnings

You’ll be in good company if you decide to attend Montana Technological University. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k list. Butte, Montana is the setting for this small institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 28 students in 2019-2020.

Montana Tech also took the #2 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Rocky Mountains Region” ranking. The estimated yearly cost for Montana Technological University is $17,493 for rocky mountains region bachelor’s degree petroleum engineering students whose families make $75-$110k.

Full Montana Tech Petroleum Engineering Report

#3

Colorado School of Mines

Golden, Colorado

#1 in overall quality

$30,771 Average Net Price

$88,785 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Colorado School of Mines. The school came in at #3 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Making $75-$110k. This medium-sized school is located in Golden, Colorado, and it awarded 84 bachelors’s petroleum engineering degrees in 2019-2020.

Mines also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Rocky Mountains Region” list, coming in at #1. It costs about $30,771 for rocky mountains region bachelor’s degree petroleum engineering students whose families make $75-$110k per year to attend Mines.

The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Full Mines Petroleum Engineering Report

• Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $75-$110k)

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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