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2022 Best Value Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region

10 Ranked Colleges
765 Degrees Awarded
$12,900 Avg Net Price*
Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k

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 in the Southwest Region For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

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 Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k” ranking analyzed 10 colleges that offered 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.

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. Check out our ranking methodology for more information.

One Size Does Not Fit All

The petroleum engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k”.

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 Southwest Region For Those Making $30-$48k

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

Top 10 Best Value Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region

You’ll join some of the best and brightest minds around if you attend Texas A&M University - College Station. The school came in at #1 for the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k. Located in College Station, Texas, this large public school awarded 239 degrees to qualified ’s petroleum engineering students in 2019-2020.

In addition to being on our southwest region petroleum engineering students whose families make $30-$48k list, Texas A&M College Station has also earned the #2 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for Texas A&M College Station is $13,270 for Southwest Region Petroleum Engineering students whose families make $30-$48k.

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.

Full Texas A&M College Station Petroleum Engineering Report

Out of the 10 schools in the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k that were part of this year’s ranking, The University of Texas of the Permian Basin landed the #2 spot on the list. This medium-sized school is located in Odessa, Texas, and it awarded 39 ’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at UT Permian Basin, the school also landed the #5 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for The University of Texas of the Permian Basin is $10,221 for Southwest Region Petroleum Engineering students whose families make $30-$48k.

Full The University of Texas of the Permian Basin Petroleum Engineering Report

#3

Texas Tech University

Lubbock, Texas

You’ll be in good company if you decide to attend Texas Tech University. It ranked #3 on our 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k list. Texas Tech University is a large school located in Lubbock, Texas that handed out 63 ’s petroleum engineering degrees in 2019-2020.

Texas Tech did well in our major quality rankings, too. It placed #3 on our “Best Petroleum Engineering Schools in the Southwest Region” list. The estimated yearly cost for Texas Tech is $13,326 for Southwest Region Petroleum Engineering students whose families make $30-$48k.

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 join some of the best and brightest minds around if you attend The University of Texas at Austin. The school came in at #4 for the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k. This large school is located in Austin, Texas, and it awarded 106 ’s petroleum engineering degrees 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. It costs about $13,575 for Southwest Region Petroleum Engineering students whose families make $30-$48k per year to attend UT Austin.

The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read more about Petroleum Engineering at UT Austin

Out of the 10 schools in the Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k that were part of this year’s ranking, Oklahoma State University - Main Campus landed the #5 spot on the list. This large school is located in Stillwater, Oklahoma, and it awarded 4 ’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at OSU, the school also landed the #7 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend Oklahoma State University - Main Campus is $9,962 for Southwest Region 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 85%.

Read full report on Petroleum Engineering at OSU

#6

University of Houston

Houston, Texas

University of Houston landed the #6 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k ranking. Located in Houston, Texas, this large public school awarded 91 degrees to qualified ’s petroleum engineering students in 2019-2020.

UH also took the #8 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend UH is $9,925 for Southwest Region Petroleum Engineering students whose families make $30-$48k.

With a freshman retention rate of 86%, the school does an excellent job of retaining its students.

Read more about Petroleum Engineering at University of Houston

New Mexico Institute of Mining and Technology landed the #7 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k ranking. New Mexico Tech is a small school located in Socorro, New Mexico that handed out 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. The estimated yearly cost for New Mexico Tech is $12,297 for southwest region petroleum engineering students whose families make $30-$48k.

The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full New Mexico Institute of Mining and Technology Petroleum Engineering Report

With a ranking of #8, University of Oklahoma Norman Campus did quite well on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k list. University of Oklahoma is a large public school situated in Norman, Oklahoma. It awarded 111 ’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at University of Oklahoma, the school also landed the #6 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The estimated yearly cost for University of Oklahoma Norman Campus is $17,285 for Southwest Region Petroleum Engineering students whose families make $30-$48k.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.

Full University of Oklahoma Norman Campus Petroleum Engineering Report

With a ranking of #9, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k list. Located in Kingsville, Texas, this medium-sized public school handed out 14 diplomas to qualified ’s petroleum engineering students in 2019-2020.

Texas A&M Kingsville not only placed well in this ranking. It is also #10 on our “Best Petroleum Engineering Schools in the Southwest Region” list. It costs about $11,721 for Southwest Region Petroleum Engineering students whose families make $30-$48k per year to attend Texas A&M University - Kingsville.

Read more about Petroleum Engineering at Texas A&M University - Kingsville

#10

University of Tulsa

Tulsa, Oklahoma

University of Tulsa landed the #10 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Making $30-$48k ranking. Located in Tulsa, Oklahoma, this small private not-for-profit school handed out 75 diplomas to qualified ’s petroleum engineering students 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. The yearly cost to attend University of Tulsa is $16,983 for southwest region petroleum engineering students whose families make $30-$48k.

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 school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.

Full University of Tulsa Petroleum Engineering Report

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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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