2022 Best Vallue Petroleum Engineering Schools for a Master’s in New Mexico For Those Making Over $110k

It’s not easy to decide which college to attend when there so many options available for students. 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 Master’s in New Mexico For Those Making Over $110k” ranking is part of that endeavor.

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. At the master’s degree level specifically, there were 2 petroleum engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

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. See our ranking methodology to learn more.

More Ways to Rank Petroleum Engineering Schools

The petroleum engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Vallue Petroleum Engineering Schools for a Master’s in New Mexico For Those Making Over $110k”.

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. 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 Master’s in New Mexico For Those Making Over $110k

The colleges and universities below are the best for new mexico master’s degree petroleum engineering students whose families make more than $110k.

Top 1 Best Value Master’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

$25,602 Avg Grad Tuition & Fees

Out of the 1 schools in the Best Vallue Petroleum Engineering Schools for a Master’s in New Mexico For Those Making Over $110k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #1 spot on the list. New Mexico Institute of Mining and Technology is a small school located in Socorro, New Mexico that handed out 2 masters’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 Master’s Degree Schools in New Mexico” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico Tech are $25,602.

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

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