2022 Best Value Colleges for Petroleum Engineering in New Mexico (With Aid)

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 Value Petroleum Engineering Schools in New Mexico For Those Getting Aid” 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.

Not only do the schools that top this list have excellent petroleum engineering programs, but they also 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. Check out our ranking methodology for more information.

More Ways to Rank Petroleum Engineering Schools

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 Value Petroleum Engineering Schools in New Mexico For Those Getting Aid” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Petroleum Engineering Schools in New Mexico For Those Getting Aid

The colleges and universities below are the best for new mexico petroleum engineering students with aid.

Top 1 Best Value Colleges for Petroleum Engineering in New Mexico (With Aid)

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$14,595 Average Net Price

$53,600 Average Early-Career Earnings

You’ll be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools in New Mexico For Those Getting Aid list. This small school is located in Socorro, New Mexico, and it awarded 23 ’s petroleum engineering degrees in 2019-2020.

New Mexico Tech also took the #1 spot in our “Best Petroleum Engineering Schools in New Mexico” ranking. The yearly cost to attend New Mexico Institute of Mining and Technology is $14,595 for New Mexico Petroleum Engineering students with aid.

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 Tech

• Best Value Colleges for Petroleum Engineering in the Southwest Region (With Aid)
• Best Value 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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