2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income Over $110k) 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 was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k” ranking is part of that endeavor.

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.

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. See our ranking methodology to learn more.

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 Vallue Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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Best Vallue Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k

The following schools top our list of the Best Best Vallue Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k.

Top 1 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income Over $110k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$14,595 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 Vallue Petroleum Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k. 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. The yearly cost to attend New Mexico Tech is $14,595 for new mexico bachelor’s degree petroleum engineering students whose families make more than $110k.

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 more about Petroleum Engineering at New Mexico Institute of Mining and Technology

• Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region
• Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income Over $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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