2023 Best Value Colleges for Petroleum Engineering (Income $0-$30k) in the Rocky Mountains Region
3
Ranked Colleges
164
Degrees Awarded
$11,900
Avg Net Price*
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Petroleum Engineering Schools in the Rocky Mountains Region For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2020-2021, 1,256 people earned their degree in petroleum engineering, making the major the 223rd most popular in the United States. In 2019-2020, petroleum engineering graduates who were awarded their degree in 2017-2019, earned an average of $83,917 and had an average of $25,780 in loans still to pay off.
Across the Rocky Mountains region, there were 164 petroleum engineering graduates with average earnings and debt of $88,574 and $27,110 respectively.
This year’s “Best Value Petroleum Engineering Schools in the Rocky Mountains Region For Those Making $0-$30k” ranking analyzed 3 colleges that offered a degree in petroleum engineering. 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. For more information, check out our ranking methodology.
More Ways to Rank Petroleum Engineering Schools
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 in the Rocky Mountains Region For Those Making $0-$30k” list, to help you choose the best school for you.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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.
Best Value Petroleum Engineering Schools in the Rocky Mountains Region For Those Making $0-$30k
The colleges and universities below are the best for rocky mountains region petroleum engineering students whose families make $0-$30k.
Top 3 Best Value Colleges for Petroleum Engineering (Income $0-$30k) in the Rocky Mountains Region
You’ll join some of the best and brightest minds around if you attend University of Wyoming. The school came in at #1 for the Best Value Petroleum Engineering Schools in the Rocky Mountains Region For Those Making $0-$30k. University of Wyoming is located in Laramie, Wyoming and, has a fairly large student population. In 2020-2021, this school awarded 41 ’s petroleum engineering degrees to qualified students.
UW also took the #3 spot in our “Best Petroleum Engineering Schools in the Rocky Mountains Region” ranking. The estimated yearly cost for University of Wyoming is $6,905 for Rocky Mountains Region Petroleum Engineering students whose families make $0-$30k.
The undergrad student loan default rate at the school is 3.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Petroleum Engineering at University of Wyoming
You’ll be in good company if you decide to attend Colorado School of Mines. It ranked #2 on our 2023 Best Value Petroleum Engineering Schools in the Rocky Mountains Region For Those Making $0-$30k list. Mines is a medium-sized public school situated in Golden, Colorado. It awarded 86 ’s petroleum engineering degrees in 2020-2021.
Mines also made our “Best Petroleum Engineering Schools in the Rocky Mountains Region” list, coming in at #1. The estimated yearly cost for Colorado School of Mines is $16,977 for rocky mountains region petroleum engineering students whose families make $0-$30k.
The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
Read more about Petroleum Engineering at Mines
Out of the 3 schools in the Best Value Petroleum Engineering Schools in the Rocky Mountains Region For Those Making $0-$30k that were part of this year’s ranking, Montana Technological University landed the #3 spot on the list. Montana Technological University is a small public school situated in Butte, Montana. It awarded 34 ’s petroleum engineering degrees in 2020-2021.
Montana Tech not only placed well in this ranking. It is also #2 on our “Best Petroleum Engineering Schools in the Rocky Mountains Region” list. It costs about $11,954 for Rocky Mountains Region Petroleum Engineering students whose families make $0-$30k per year to attend Montana Tech.
Read full report on Petroleum Engineering at Montana Tech
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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
- *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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