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2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k

22 Ranked Colleges
1,256 Degrees Awarded
$12,900 Avg Net Price*
Best Value Petroleum Engineering Schools For Those Making $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 For Those Making $30-$48k” ranking is part of that endeavor.

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.

This year’s “Best Value Petroleum Engineering Schools For Those Making $30-$48k” ranking analyzed 22 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.

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. For more information, check out our ranking methodology.

More Ways to Rank Petroleum Engineering Schools

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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 Those Making $30-$48k” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Petroleum Engineering Schools For Those Making $30-$48k

The colleges and universities below are the best for petroleum engineering students whose families make $30-$48k.

Top 22 Best Value Colleges for Petroleum Engineering (Income $30-$48k)

1

You’ll be in good company if you decide to attend Texas A&M University - College Station. It ranked #1 on our 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Texas A&M University - College Station is a public institution located in College Station, Texas. The school has a large population, and it awarded 195 ’s degrees in 2020-2021.

Texas A&M College Station did well in our major quality rankings, too. It placed #1 on our “Best Petroleum Engineering Schools” list. It costs about $12,949 for petroleum engineering students whose families make $30-$48k per year to attend Texas A&M College Station.

The undergrad student loan default rate at the school is 2.2%, 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 94%.

Full Texas A&M College Station Petroleum Engineering Report

2

You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #2 on our 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Located in Austin, Texas, this large public school awarded 123 diplomas to qualified ’s petroleum engineering students in 2020-2021.

In addition to being on our petroleum engineering students whose families make $30-$48k list, UT Austin has also earned the #3 rank in our “Best Petroleum Engineering Schools” ranking. It costs about $14,977 for petroleum engineering students whose families make $30-$48k per year to attend The University of Texas at Austin.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The undergrad student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Petroleum Engineering at UT Austin

3

Out of the 22 schools in the Best Value Petroleum Engineering Schools For Those Making $30-$48k that were part of this year’s ranking, Missouri University of Science and Technology landed the #3 spot on the list. Rolla, Missouri is the setting for this medium-sized institution of higher learning. The public school handed out ’s petroleum engineering degrees to 34 students in 2020-2021.

Missouri University of Science and Technology did well in our major quality rankings, too. It placed #8 on our “Best Petroleum Engineering Schools” list. The estimated yearly cost for Missouri University of Science and Technology is $9,820 for petroleum engineering students whose families make $30-$48k.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 3.7% 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%.

Full Missouri University of Science and Technology Petroleum Engineering Report

4
USC crest
University of Southern California
Los Angeles, California

You’ll join some of the best and brightest minds around if you attend University of Southern California. The school came in at #4 for the Best Value Petroleum Engineering Schools For Those Making $30-$48k. University of Southern California is located in Los Angeles, California and, has a large student population. In 2020-2021, this school awarded 21 ’s petroleum engineering degrees to qualified students.

In addition to being on our petroleum engineering students whose families make $30-$48k list, USC has also earned the #2 rank in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for University of Southern California is $17,345 for petroleum engineering students whose families make $30-$48k.

With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Petroleum Engineering at University of Southern California

5
UND crest
University of North Dakota
Grand Forks, North Dakota

Out of the 22 schools in the Best Value Petroleum Engineering Schools For Those Making $30-$48k that were part of this year’s ranking, University of North Dakota landed the #5 spot on the list. University of North Dakota is located in Grand Forks, North Dakota and, has a fairly large student population. In 2020-2021, this school awarded 53 ’s petroleum engineering degrees to qualified students.

UND did well in our major quality rankings, too. It placed #7 on our “Best Petroleum Engineering Schools” list. It costs about $13,151 for petroleum engineering students whose families make $30-$48k per year to attend University of North Dakota.

The school has an impressive undergrad student loan default rate. It’s only 2.8%, which is much lower than the national rate of 10.1%.

Full UND Petroleum Engineering Report

6
UW crest
University of Wyoming
Laramie, Wyoming

University of Wyoming ranked #6 on this year’s Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Laramie, Wyoming is the setting for this fairly large institution of higher learning. The public school handed out ’s petroleum engineering degrees to 41 students in 2020-2021.

In addition to being on our petroleum engineering students whose families make $30-$48k list, UW has also earned the #16 rank in our “Best Petroleum Engineering Schools” ranking. The yearly cost to attend University of Wyoming is $6,776 for petroleum engineering students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.

Read full report on Petroleum Engineering at University of Wyoming

7
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University of Houston
Houston, Texas

University of Houston came in at #7 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking. UH is a large public school situated in Houston, Texas. It awarded 56 ’s petroleum engineering degrees in 2020-2021.

UH also took the #15 spot in our “Best Petroleum Engineering Schools” ranking. It costs about $10,664 for Petroleum Engineering students whose families make $30-$48k per year to attend University of Houston.

The school has an impressive undergrad student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read more about Petroleum Engineering at University of Houston

8
WVU crest
West Virginia University
Morgantown, West Virginia

West Virginia University ranked #8 on this year’s Best Value Petroleum Engineering Schools For Those Making $30-$48k list. This large school is located in Morgantown, West Virginia, and it awarded 74 ’s petroleum engineering degrees in 2020-2021.

WVU also made our “Best Petroleum Engineering Schools” list, coming in at #13. The estimated yearly cost for WVU is $10,250 for Petroleum Engineering students whose families make $30-$48k.

Full West Virginia University Petroleum Engineering Report

9
Mines crest
Colorado School of Mines
Golden, Colorado

Colorado School of Mines came in at #9 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking. Mines is located in Golden, Colorado and, has a medium-sized student population. In 2020-2021, this school awarded 86 ’s petroleum engineering degrees to qualified students.

As a testament to the quality of education offered at Mines, the school also landed the #4 spot in our “Best Petroleum Engineering Schools” ranking. The yearly cost to attend Colorado School of Mines is $13,690 for Petroleum Engineering students whose families make $30-$48k.

With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 0.7% 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%.

Full Mines Petroleum Engineering Report

10
Texas Tech crest
Texas Tech University
Lubbock, Texas

Texas Tech University ranked #10 on this year’s Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Located in Lubbock, Texas, this large public school awarded 50 degrees to qualified ’s petroleum engineering students in 2020-2021.

Texas Tech not only placed well in this ranking. It is also #9 on our “Best Petroleum Engineering Schools” list. The yearly cost to attend Texas Tech University is $10,440 for petroleum engineering students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive undergrad student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read more about Petroleum Engineering at Texas Tech University

11

University of Alaska Fairbanks did quite well in the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking, coming in at #11. UAF is a public institution located in Fairbanks, Alaska. The school has a medium-sized population, and it awarded 6 ’s degrees in 2020-2021.

In addition to being on our petroleum engineering students whose families make $30-$48k list, UAF has also earned the #19 rank in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for University of Alaska Fairbanks is $9,093 for petroleum engineering students whose families make $30-$48k.

Full University of Alaska Fairbanks Petroleum Engineering Report

12

Louisiana State University and Agricultural & Mechanical College ranked #12 on this year’s Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Louisiana State University is a large school located in Baton Rouge, Louisiana that handed out 74 ’s petroleum engineering degrees in 2020-2021.

As a testament to the quality of education offered at Louisiana State University, the school also landed the #10 spot in our “Best Petroleum Engineering Schools” ranking. The yearly cost to attend Louisiana State University is $15,403 for Petroleum Engineering students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.

Read full report on Petroleum Engineering at Louisiana State University and Agricultural & Mechanical College

13

Montana Technological University landed the #13 spot on the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking. Montana Technological University is a public institution located in Butte, Montana. The school has a small population, and it awarded 34 ’s degrees in 2020-2021.

Montana Tech not only placed well in this ranking. It is also #12 on our “Best Petroleum Engineering Schools” list. It costs about $11,712 for Petroleum Engineering students whose families make $30-$48k per year to attend Montana Tech.

Read full report on Petroleum Engineering at Montana Technological University

14
Mississippi State crest
Mississippi State University
Mississippi State, Mississippi

Mississippi State University ranked #14 on this year’s Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Mississippi State is a public institution located in Mississippi State, Mississippi. The school has a large population, and it awarded 15 ’s degrees in 2020-2021.

Mississippi State did well in our major quality rankings, too. It placed #11 on our “Best Petroleum Engineering Schools” list. It costs about $13,553 for petroleum engineering students whose families make $30-$48k per year to attend Mississippi State.

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

Read full report on Petroleum Engineering at Mississippi State University

15
University of Tulsa crest
University of Tulsa
Tulsa, Oklahoma

With a ranking of #15, University of Tulsa did quite well on the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Tulsa, Oklahoma is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s petroleum engineering degrees to 50 students in 2020-2021.

University of Tulsa also made our “Best Petroleum Engineering Schools” list, coming in at #5. The estimated yearly cost for University of Tulsa is $21,226 for petroleum engineering students whose families make $30-$48k.

The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive undergrad student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.

Full University of Tulsa Petroleum Engineering Report

16

The University of Texas of the Permian Basin came in at #16 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking. The University of Texas of the Permian Basin is located in Odessa, Texas and, has a medium-sized student population. In 2020-2021, this school awarded 28 ’s petroleum engineering degrees to qualified students.

UT Permian Basin also took the #18 spot in our “Best Petroleum Engineering Schools” ranking. The yearly cost to attend UT Permian Basin is $8,933 for petroleum engineering students whose families make $30-$48k.

Read more about Petroleum Engineering at The University of Texas of the Permian Basin

17

University of Oklahoma Norman Campus came in at #17 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking. University of Oklahoma is a large school located in Norman, Oklahoma that handed out 84 ’s petroleum engineering degrees in 2020-2021.

University of Oklahoma also made our “Best Petroleum Engineering Schools” list, coming in at #6. The estimated yearly cost for University of Oklahoma Norman Campus is $16,846 for petroleum engineering students whose families make $30-$48k.

The low undergrad student loan default rate of 3.3% 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%. 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 University of Oklahoma Norman Campus Petroleum Engineering Report

18
KU crest
University of Kansas
Lawrence, Kansas

University of Kansas landed the #18 spot on the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking. Located in Lawrence, Kansas, this large public school awarded 35 degrees to qualified ’s petroleum engineering students in 2020-2021.

KU did well in our major quality rankings, too. It placed #14 on our “Best Petroleum Engineering Schools” list. The estimated yearly cost for University of Kansas is $16,288 for petroleum engineering students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive undergrad student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.

Full KU Petroleum Engineering Report

19

With a ranking of #19, New Mexico Institute of Mining and Technology did quite well on the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k list. New Mexico Tech is a small public school situated in Socorro, New Mexico. It awarded 24 ’s petroleum engineering degrees in 2020-2021.

New Mexico Tech did well in our major quality rankings, too. It placed #17 on our “Best Petroleum Engineering Schools” list. The yearly cost to attend New Mexico Tech is $12,364 for petroleum engineering students whose families make $30-$48k.

Since the school has a undergrad student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Petroleum Engineering at New Mexico Tech

20

Texas A&M University - Kingsville ranked #20 on this year’s Best Value Petroleum Engineering Schools For Those Making $30-$48k list. Texas A&M Kingsville is a medium-sized public school situated in Kingsville, Texas. It awarded 16 ’s petroleum engineering degrees in 2020-2021.

Texas A&M Kingsville also took the #21 spot in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for Texas A&M Kingsville is $11,200 for Petroleum Engineering students whose families make $30-$48k.

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

21

University of Louisiana at Lafayette did quite well in the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking, coming in at #21. UL Lafayette is a fairly large school located in Lafayette, Louisiana that handed out 30 ’s petroleum engineering degrees in 2020-2021.

In addition to being on our petroleum engineering students whose families make $30-$48k list, UL Lafayette has also earned the #22 rank in our “Best Petroleum Engineering Schools” ranking. It costs about $11,697 for Petroleum Engineering students whose families make $30-$48k per year to attend UL Lafayette.

Read full report on Petroleum Engineering at UL Lafayette

22
Marietta crest
Marietta College
Marietta, Ohio

Marietta College did quite well in the 2023 Best Value Petroleum Engineering Schools For Those Making $30-$48k ranking, coming in at #22. Marietta, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s petroleum engineering degrees to 35 students in 2020-2021.

In addition to being on our petroleum engineering students whose families make $30-$48k list, Marietta has also earned the #20 rank in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for Marietta is $15,092 for Petroleum Engineering students whose families make $30-$48k.

With a undergrad student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Petroleum Engineering at Marietta

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