2022 Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k” ranking - to help you make that decision.

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.

Across New Mexico, there were 23 petroleum engineering graduates with average earnings and debt of $0 and $26,747 respectively. At the master’s degree level specifically, there were 2 petroleum engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

Not only do the schools that top this list have excellent petroleum engineering programs, but they also cost less that 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

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 for a Master’s in New Mexico For Those Making $48-$75k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k.

Top 1 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $48-$75k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$25,602 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k list. Located in Socorro, New Mexico, this small public school awarded 2 degrees to qualified masters’s petroleum engineering students in 2019-2020.

In addition to being on our new mexico master’s degree petroleum engineering students whose families make $48-$75k list, New Mexico Tech has also earned the #1 rank in our “Best Petroleum Engineering Master’s Degree Schools in New Mexico” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602.

Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology

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

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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