2022 Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $75-$110k

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 $75-$110k” 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.

The schools that top this list are recognized because they have great petroleum engineering programs and 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.

More Ways to Rank Petroleum Engineering Schools

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 Master’s in New Mexico For Those Making $75-$110k” list to help you make the college decision.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $75-$110k

The colleges and universities below are the best for new mexico master’s degree petroleum engineering students whose families make $75-$110k.

Top 1 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $75-$110k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$25,602 Avg Grad Tuition & Fees

Out of the 1 schools in the Best Value Petroleum Engineering Schools for a Master’s in New Mexico For Those Making $75-$110k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #1 spot on the list. New Mexico Institute of Mining and Technology is a small public school situated in Socorro, New Mexico. It awarded 2 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at New Mexico Tech, the school also landed the #1 spot in our “Best Petroleum Engineering Master’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602, but you may pay more or less depending on your major.

Full New Mexico Institute of Mining and Technology Petroleum Engineering Report

• Best Value Master’s Degree Colleges for Petroleum Engineering (Income $75-$110k) in the Southwest Region
• Best Value Master’s Degree Colleges for Petroleum Engineering (Income $75-$110k)

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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