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2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Southwest Region

9 Ranked Colleges
511 Degrees Awarded
$73,071 Avg Salary
Best Value Petroleum Engineering Schools for a Bachelor's in the Southwest Region For Those Making $48-$75k

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 for a Bachelor’s in the Southwest Region For Those Making $48-$75k” ranking as one item you can use to help make this decision.

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. At the bachelor’s degree level specifically, there were 511 petroleum engineering graduates with average earnings and debt of $38,896 and $23,899 respectively.

This year’s “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k” ranking looked at 9 colleges that offer degrees in a bachelor’s 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. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 a Bachelor’s in the Southwest Region For Those Making $48-$75k” 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. 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 for a Bachelor’s in the Southwest Region For Those Making $48-$75k

The colleges and universities below are the best for southwest region bachelor’s degree petroleum engineering students whose families make $48-$75k.

Top 9 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Southwest Region

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 in the Southwest Region For Those Making $48-$75k list. The University of Texas at Austin is a large school located in Austin, Texas that handed out 72 bachelors’s petroleum engineering degrees in 2019-2020.

UT Austin not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $15,757 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k per year to attend The University of Texas at Austin.

With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Read full report on Petroleum Engineering at UT Austin

You’ll join some of the best and brightest minds around if you attend The University of Texas of the Permian Basin. The school came in at #2 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k. The University of Texas of the Permian Basin is a public institution located in Odessa, Texas. The school has a medium-sized population, and it awarded 39 bachelors’s degrees in 2019-2020.

UT Permian Basin also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #5. The yearly cost to attend UT Permian Basin is $10,417 for southwest region bachelor’s degree petroleum engineering students whose families make $48-$75k.

Read full report on Petroleum Engineering at UT Permian Basin

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 #3 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k. Located in College Station, Texas, this large public school awarded 138 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.

Texas A&M College Station not only placed well in this ranking. It is also #2 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The yearly cost to attend Texas A&M College Station is $18,810 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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%.

Read full report on Petroleum Engineering at Texas A&M University - College Station

#4

Texas Tech University

Lubbock, Texas

You’ll be in good company if you decide to attend Texas Tech University. It ranked #4 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k list. Texas Tech University is located in Lubbock, Texas and, has a large student population. In 2019-2020, this school awarded 50 bachelors’s petroleum engineering degrees to qualified students.

Texas Tech did well in our major quality rankings, too. It placed #3 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for Texas Tech is $17,421 for southwest region 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%.

Full Texas Tech University Petroleum Engineering Report

#5

University of Houston

Houston, Texas

You’ll join some of the best and brightest minds around if you attend University of Houston. The school came in at #5 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k. Located in Houston, Texas, this large public school handed out 61 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.

In addition to being on our southwest region bachelor’s degree petroleum engineering students whose families make $48-$75k list, UH has also earned the #7 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The estimated yearly cost for UH is $12,505 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.

The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Full UH Petroleum Engineering Report

#6

University of Tulsa

Tulsa, Oklahoma
#4 in overall quality

University of Tulsa did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k ranking, coming in at #6. Tulsa, Oklahoma is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s petroleum engineering degrees to 49 students in 2019-2020.

University of Tulsa also took the #4 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The yearly cost to attend University of Tulsa is $19,396 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.

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%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full University of Tulsa Petroleum Engineering Report

New Mexico Institute of Mining and Technology landed the #7 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k ranking. Socorro, New Mexico is the setting for this small institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 18 students in 2019-2020.

In addition to being on our southwest region bachelor’s degree petroleum engineering students whose families make $48-$75k list, New Mexico Tech has also earned the #8 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The estimated yearly cost for New Mexico Tech is $14,429 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.

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

Texas A&M University - Kingsville did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k ranking, coming in at #8. Texas A&M University - Kingsville is a public institution located in Kingsville, Texas. The school has a medium-sized population, and it awarded 12 bachelors’s degrees in 2019-2020.

Texas A&M Kingsville did well in our major quality rankings, too. It placed #9 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $14,464 for southwest region bachelor’s degree petroleum engineering students whose families make $48-$75k per year to attend Texas A&M University - Kingsville.

Full Texas A&M University - Kingsville Petroleum Engineering Report

University of Oklahoma Norman Campus did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making $48-$75k ranking, coming in at #9. This large school is located in Norman, Oklahoma, and it awarded 72 bachelors’s petroleum engineering degrees in 2019-2020.

University of Oklahoma not only placed well in this ranking. It is also #6 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for University of Oklahoma Norman Campus is $21,812 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make $48-$75k.

The student loan default rate at the school is 4.7%, 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 87%.

Read more about Petroleum Engineering at University of Oklahoma Norman Campus

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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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