2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k
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 a Bachelor’s For Those Making $48-$75k” ranking is part of that endeavor.
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.
At the bachelor’s degree level specifically, there were 1,123 petroleum engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k” ranking analyzed 22 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.
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. See our ranking methodology to learn more.
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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 for a Bachelor’s For Those Making $48-$75k” list to help you make the college decision.
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Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k
The colleges and universities below are the best for bachelor’s degree petroleum engineering students whose families make $48-$75k.
Top 22 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k)
You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. UT Austin is a large public school situated in Austin, Texas. It awarded 72 bachelors’s petroleum engineering degrees in 2019-2020.
UT Austin did well in our major quality rankings, too. It placed #1 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $15,757 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend UT Austin.
The low student loan default rate of 2.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Read full report on Petroleum Engineering at The University of Texas at Austin
You’ll be in good company if you decide to attend The University of Texas of the Permian Basin. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Located in Odessa, Texas, this medium-sized public school handed out 39 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
UT Permian Basin also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #7. The yearly cost to attend The University of Texas of the Permian Basin is $10,417 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
Read full report on Petroleum Engineering at The University of Texas of the Permian Basin
You’ll be in good company if you decide to attend Missouri University of Science and Technology. It ranked #3 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Missouri University of Science and Technology is a public institution located in Rolla, Missouri. The school has a medium-sized population, and it awarded 29 bachelors’s degrees in 2019-2020.
Missouri University of Science and Technology did well in our major quality rankings, too. It placed #6 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Missouri University of Science and Technology is $13,058 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
Full Missouri University of Science and Technology Petroleum Engineering Report
You’ll join some of the best and brightest minds around if you attend University of Alaska Fairbanks. The school came in at #4 for the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k. This medium-sized school is located in Fairbanks, Alaska, and it awarded 16 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at UAF, the school also landed the #9 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend University of Alaska Fairbanks is $10,729 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Texas A&M University - College Station landed the #5 spot on the list. College Station, Texas is the setting for this large institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 138 students in 2019-2020.
As a testament to the quality of education offered at Texas A&M College Station, the school also landed the #3 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $18,810 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend Texas A&M College Station.
The low student loan default rate of 2.9% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read full report on Petroleum Engineering at Texas A&M College Station
University of Wyoming ranked #6 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Laramie, Wyoming is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 65 students in 2019-2020.
UW not only placed well in this ranking. It is also #17 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Wyoming is $11,491 for bachelor’s degree petroleum engineering students whose families make $48-$75k.
The school has an impressive 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 University of Wyoming
Texas Tech University came in at #7 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Texas Tech University is a large school located in Lubbock, Texas that handed out 50 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at Texas Tech, the school also landed the #4 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Texas Tech is $17,421 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
With a ranking of #8, University of North Dakota did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. UND is located in Grand Forks, North Dakota and, has a fairly large student population. In 2019-2020, this school awarded 32 bachelors’s petroleum engineering degrees to qualified students.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $48-$75k list, UND has also earned the #8 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $15,109 for bachelor’s degree petroleum engineering students whose families make $48-$75k per year to attend UND.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.
Read full report on Petroleum Engineering at University of North Dakota
West Virginia University ranked #9 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Morgantown, West Virginia, and it awarded 87 bachelors’s petroleum engineering degrees in 2019-2020.
WVU not only placed well in this ranking. It is also #18 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend WVU is $13,220 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
University of Houston landed the #10 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. University of Houston is a large public school situated in Houston, Texas. It awarded 61 bachelors’s petroleum engineering degrees in 2019-2020.
UH also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #16. It costs about $12,505 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend UH.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
With a ranking of #11, Montana Technological University did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Montana Tech is a small school located in Butte, Montana that handed out 28 bachelors’s petroleum engineering degrees in 2019-2020.
Montana Tech did well in our major quality rankings, too. It placed #11 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $14,821 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend Montana Tech.
Colorado School of Mines came in at #12 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Golden, Colorado, this medium-sized public school awarded 84 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.
Mines did well in our major quality rankings, too. It placed #2 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $21,449 for bachelor’s degree petroleum engineering students whose families make $48-$75k per year to attend Colorado School of Mines.
The low student loan default rate of 1.7% 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%. 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 more about Petroleum Engineering at Colorado School of Mines
Marietta College landed the #13 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Marietta is a private not-for-profit institution located in Marietta, Ohio. The school has a small population, and it awarded 47 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students whose families make $48-$75k list, Marietta has also earned the #12 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $17,712 for bachelor’s degree petroleum engineering students whose families make $48-$75k per year to attend Marietta College.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Tulsa did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #14. Located in Tulsa, Oklahoma, this small private not-for-profit school handed out 49 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
University of Tulsa did well in our major quality rankings, too. It placed #5 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of Tulsa is $19,396 for bachelor’s degree petroleum engineering students whose families make $48-$75k.
The impressive 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 student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.
Read more about Petroleum Engineering at University of Tulsa
With a ranking of #15, University of Louisiana at Lafayette did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. University of Louisiana at Lafayette is a public institution located in Lafayette, Louisiana. The school has a fairly large population, and it awarded 47 bachelors’s degrees in 2019-2020.
UL Lafayette not only placed well in this ranking. It is also #20 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UL Lafayette is $13,353 for bachelor’s degree petroleum engineering students whose families make $48-$75k.
Louisiana State University and Agricultural & Mechanical College landed the #16 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Baton Rouge, Louisiana, this large public school handed out 80 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.
Louisiana State University did well in our major quality rankings, too. It placed #13 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Louisiana State University is $17,328 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read more about Petroleum Engineering at Louisiana State University
University of Kansas did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #17. KU is located in Lawrence, Kansas and, has a large student population. In 2019-2020, this school awarded 29 bachelors’s petroleum engineering degrees to qualified students.
KU also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #15. The yearly cost to attend University of Kansas is $17,132 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
New Mexico Institute of Mining and Technology came in at #18 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. New Mexico Tech is a small school located in Socorro, New Mexico that handed out 18 bachelors’s petroleum engineering degrees in 2019-2020.
New Mexico Tech also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #21. It costs about $14,429 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend New Mexico Tech.
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.
With a ranking of #19, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Texas A&M Kingsville is a medium-sized public school situated in Kingsville, Texas. It awarded 12 bachelors’s petroleum engineering degrees in 2019-2020.
Texas A&M Kingsville not only placed well in this ranking. It is also #22 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Texas A&M University - Kingsville is $14,464 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
Mississippi State University ranked #20 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Mississippi State University is a public institution located in Mississippi State, Mississippi. The school has a large population, and it awarded 7 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Mississippi State, the school also landed the #19 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Mississippi State University is $18,007 for bachelor’s degree petroleum engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Read more about Petroleum Engineering at Mississippi State University
University of Oklahoma Norman Campus did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #21. University of Oklahoma Norman Campus is a large public school situated in Norman, Oklahoma. It awarded 72 bachelors’s petroleum engineering degrees in 2019-2020.
University of Oklahoma did well in our major quality rankings, too. It placed #10 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Oklahoma is $21,812 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.
The low student loan default rate of 4.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Full University of Oklahoma Norman Campus Petroleum Engineering Report
Saint Francis University came in at #22 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Saint Francis University is located in Loretto, Pennsylvania and, has a small student population. In 2019-2020, this school awarded 3 bachelors’s petroleum engineering degrees to qualified students.
Saint Francis did well in our major quality rankings, too. It placed #14 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $25,839 for Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend Saint Francis University.
The student loan default rate at the school is 2.3%, 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 96%.
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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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