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2022 Best Value Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region

10 Ranked Colleges
765 Degrees Awarded
$22,400 Avg Net Price*
Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k” ranking as one item you can use to help make this decision.

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 the Southwest region, there were 765 petroleum engineering graduates with average earnings and debt of $73,071 and $23,687 respectively.

This year’s “Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k” ranking looked at 10 colleges that offer degrees in a bachelor’s 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.

When determining these rankings, we looked at things such as overall quality of the petroleum engineering program at the school and the cost to attend the school once aid has been awarded. 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 in the Southwest Region For Those Making Over $110k” list to help you make the college 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.

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Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k

The colleges and universities below are the best for southwest region petroleum engineering students whose families make more than $110k.

Top 10 Best Value Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region

You’ll join some of the best and brightest minds around if you attend The University of Texas of the Permian Basin. The school came in at #1 for the Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k. UT Permian Basin is a medium-sized public school situated in Odessa, Texas. It awarded 39 ’s petroleum engineering degrees in 2019-2020.

UT Permian Basin also made our “Best Petroleum Engineering Schools in the Southwest Region” list, coming in at #5. The estimated yearly cost for UT Permian Basin is $10,092 for Southwest Region Petroleum Engineering students whose families make more than $110k.

Read full report on Petroleum Engineering at UT Permian Basin

You’ll join some of the best and brightest minds around if you attend The University of Texas at Austin. The school came in at #2 for the Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k. Austin, Texas is the setting for this large institution of higher learning. The public school handed out ’s petroleum engineering degrees to 106 students in 2019-2020.

As a testament to the quality of education offered at UT Austin, the school also landed the #1 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for UT Austin is $18,023 for Southwest Region Petroleum Engineering students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read full report on Petroleum Engineering at UT Austin

#3

Texas Tech University

Lubbock, Texas

You’ll join some of the best and brightest minds around if you attend Texas Tech University. The school came in at #3 for the Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k. Texas Tech University is a large public school situated in Lubbock, Texas. It awarded 63 ’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at Texas Tech, the school also landed the #3 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for Texas Tech University is $17,571 for southwest region petroleum engineering students whose families make more than $110k.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Full Texas Tech Petroleum Engineering Report

You’ll be in good company if you decide to attend Texas A&M University - College Station. It ranked #4 on our 2022 Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k list. This large school is located in College Station, Texas, and it awarded 239 ’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at Texas A&M College Station, the school also landed the #2 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $19,057 for Southwest Region Petroleum Engineering students whose families make more than $110k per year to attend Texas A&M University - College Station.

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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read more about Petroleum Engineering at Texas A&M College Station

You’ll join some of the best and brightest minds around if you attend Oklahoma State University - Main Campus. The school came in at #5 for the Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k. OSU is a public institution located in Stillwater, Oklahoma. The school has a large population, and it awarded 4 ’s degrees in 2019-2020.

OSU also made our “Best Petroleum Engineering Schools in the Southwest Region” list, coming in at #7. The estimated yearly cost for Oklahoma State University - Main Campus is $14,648 for southwest region petroleum engineering students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 85%.

Full Oklahoma State University - Main Campus Petroleum Engineering Report

#6

University of Houston

Houston, Texas

University of Houston did quite well in the 2022 Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k ranking, coming in at #6. University of Houston is located in Houston, Texas and, has a large student population. In 2019-2020, this school awarded 91 ’s petroleum engineering degrees to qualified students.

UH also made our “Best Petroleum Engineering Schools in the Southwest Region” list, coming in at #8. The estimated yearly cost for UH is $12,838 for Southwest Region Petroleum Engineering students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read more about Petroleum Engineering at University of Houston

New Mexico Institute of Mining and Technology did quite well in the 2022 Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k ranking, coming in at #7. New Mexico Tech is a small public school situated in Socorro, New Mexico. It awarded 23 ’s petroleum engineering degrees in 2019-2020.

New Mexico Tech also made our “Best Petroleum Engineering Schools in the Southwest Region” list, coming in at #9. It costs about $14,595 for Southwest Region Petroleum Engineering students whose families make more than $110k per year to attend New Mexico Tech.

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

#8

University of Tulsa

Tulsa, Oklahoma

With a ranking of #8, University of Tulsa did quite well on the 2022 Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k list. University of Tulsa is a private not-for-profit institution located in Tulsa, Oklahoma. The school has a small population, and it awarded 75 ’s degrees in 2019-2020.

As a testament to the quality of education offered at University of Tulsa, the school also landed the #4 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $20,936 for Southwest Region Petroleum Engineering students whose families make more than $110k per year to attend University of Tulsa.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 2.6% 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%.

Read full report on Petroleum Engineering at University of Tulsa

University of Oklahoma Norman Campus came in at #9 in this year’s edition of the Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k ranking. Located in Norman, Oklahoma, this large public school awarded 111 diplomas to qualified ’s petroleum engineering students in 2019-2020.

University of Oklahoma not only placed well in this ranking. It is also #6 on our “Best Petroleum Engineering Schools in the Southwest Region” list. The yearly cost to attend University of Oklahoma Norman Campus is $21,145 for southwest region petroleum engineering students whose families make more than $110k.

The low student loan default rate of 4.7% 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 87%.

Full University of Oklahoma Norman Campus Petroleum Engineering Report

Texas A&M University - Kingsville did quite well in the 2022 Best Vallue Petroleum Engineering Schools in the Southwest Region For Those Making Over $110k ranking, coming in at #10. This medium-sized school is located in Kingsville, Texas, and it awarded 14 ’s petroleum engineering degrees in 2019-2020.

Texas A&M Kingsville also took the #10 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for Texas A&M Kingsville is $13,778 for southwest region petroleum engineering students whose families make more than $110k.

Read full report on Petroleum Engineering at Texas A&M Kingsville

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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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