2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in the Rocky Mountains Region (With Aid)

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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 Getting Aid” ranking, we looked at 3 colleges that offer 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.

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. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 in the Rocky Mountains Region For Those Getting Aid” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Getting Aid

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 Getting Aid.

Top 3 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in the Rocky Mountains Region (With Aid)

#1

University of Wyoming

Laramie, Wyoming

#3 in overall quality

$12,159 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 Getting Aid that were part of this year’s ranking, University of Wyoming landed the #1 spot on the list. UW is a public institution located in Laramie, Wyoming. The school has a fairly large population, and it awarded 65 bachelors’s degrees in 2019-2020.

In addition to being on our rocky mountains region bachelor’s degree petroleum engineering students with aid list, UW has also earned the #3 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Rocky Mountains Region” ranking. It costs about $12,159 for rocky mountains region bachelor’s degree petroleum engineering students with aid per year to attend UW.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Petroleum Engineering at UW

#2

Montana Technological University

Butte, Montana

#2 in overall quality

$15,023 Average Net Price

$88,096 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Montana Technological University. The school came in at #2 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Getting Aid. This small school is located in Butte, Montana, and it awarded 28 bachelors’s petroleum engineering degrees in 2019-2020.

In addition to being on our rocky mountains region bachelor’s degree petroleum engineering students with aid list, Montana Tech has also earned the #2 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Rocky Mountains Region” ranking. The estimated yearly cost for Montana Tech is $15,023 for rocky mountains region bachelor’s degree petroleum engineering students with aid.

Read full report on Petroleum Engineering at Montana Tech

#3

Colorado School of Mines

Golden, Colorado

#1 in overall quality

$26,750 Average Net Price

$88,785 Average Early-Career Earnings

You’ll be in good company if you decide to attend Colorado School of Mines. It ranked #3 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Rocky Mountains Region For Those Getting Aid list. Colorado School of Mines is a medium-sized school located in Golden, Colorado that handed out 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. The estimated yearly cost for Mines is $26,750 for rocky mountains region bachelor’s degree petroleum engineering students with aid.

The student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.

Read full report on Petroleum Engineering at Mines

• Best Value Bachelor’s Degree Colleges for Petroleum Engineering (With Aid)

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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