2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k” ranking is part of that endeavor.
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 Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k” 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.
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. For more information, check out our ranking methodology.
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One Size Does Not Fit All
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 Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to 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.
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Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k
The following schools top our list of the Best Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k.
Top 9 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region
You’ll be in good company if you decide to attend The University of Texas of the Permian Basin. It ranked #1 on our 2022 Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k list. UT Permian Basin is a medium-sized public school situated in Odessa, Texas. It awarded 39 bachelors’s petroleum engineering degrees in 2019-2020.
UT Permian Basin not only placed well in this ranking. It is also #5 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The yearly cost to attend The University of Texas of the Permian Basin is $10,092 for southwest region bachelor’s degree petroleum engineering students whose families make more than $110k.
Full The University of Texas of the Permian Basin Petroleum Engineering Report
You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #2 on our 2022 Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k list. The University of Texas at 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 in the Southwest Region” list. The yearly cost to attend The University of Texas at Austin is $18,023 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make more than $110k.
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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend Texas Tech University. It ranked #3 on our 2022 Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k list. Texas Tech is a large school located in Lubbock, Texas that handed out 50 bachelors’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 Bachelor’s Degree Schools in the Southwest Region” list. It costs about $17,571 for southwest region bachelor’s degree petroleum engineering students whose families make more than $110k per year to attend Texas Tech.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Read full report on Petroleum Engineering at Texas Tech University
You’ll be in good company if you decide to attend Texas A&M University - College Station. It ranked #4 on our 2022 Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k list. Texas A&M College Station is a large school located in College Station, Texas that handed out 138 bachelors’s petroleum engineering degrees in 2019-2020.
Texas A&M College Station also took the #2 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $19,057 for southwest region bachelor’s degree petroleum engineering students whose families make more than $110k 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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read more about Petroleum Engineering at Texas A&M College Station
Out of the 9 schools in the Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #5 spot on the list. New Mexico Tech is a small public school situated in Socorro, New Mexico. It awarded 18 bachelors’s petroleum engineering degrees in 2019-2020.
New Mexico Tech did well in our major quality rankings, too. It placed #8 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The yearly cost to attend New Mexico Institute of Mining and Technology is $14,595 for southwest region bachelor’s degree petroleum engineering students whose families make more than $110k.
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.
University of Houston ranked #6 on this year’s Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k list. University of Houston is a large school located in Houston, Texas that handed out 61 bachelors’s petroleum engineering degrees in 2019-2020.
UH also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #7. It costs about $12,838 for southwest region bachelor’s degree petroleum engineering students whose families make more than $110k per year to attend University of Houston.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
University of Oklahoma Norman Campus did quite well in the 2022 Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k ranking, coming in at #7. University of Oklahoma is a large school located in Norman, Oklahoma that handed out 72 bachelors’s petroleum engineering degrees in 2019-2020.
University of Oklahoma also took the #6 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $21,145 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make more than $110k per year to attend University of Oklahoma.
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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Read more about Petroleum Engineering at University of Oklahoma Norman Campus
University of Tulsa came in at #8 in this year’s edition of the Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k ranking. Located in Tulsa, Oklahoma, this small private not-for-profit school handed out 49 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.
University of Tulsa also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #4. It costs about $20,936 for southwest region bachelor’s degree petroleum engineering students whose families make more than $110k per year to attend University of Tulsa.
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 student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%.
Texas A&M University - Kingsville ranked #9 on this year’s Best Vallue Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Making Over $110k list. Texas A&M University - Kingsville is located in Kingsville, Texas and, has a medium-sized student population. In 2019-2020, this school awarded 12 bachelors’s petroleum engineering degrees to qualified students.
Texas A&M Kingsville not only placed well in this ranking. It is also #9 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $13,778 for Southwest Region Bachelor’s Degree Petroleum Engineering students whose families make more than $110k per year to attend Texas A&M University - Kingsville.
Read more about Petroleum Engineering at Texas A&M University - Kingsville
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Best Petroleum Engineering Bachelor's Degree Schools in the Southwest Region
Petroleum Engineering students in the Southwest Region
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Petroleum Engineering students in the Southwest Region
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Petroleum Engineering students in the Southwest Region
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Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $48-$75k) in the Southwest Region
Petroleum Engineering students with family income $48-$75k in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income Over $110k) in the Southwest Region
Petroleum Engineering students with family income exceeding $110k in the Southwest Region
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Petroleum Engineering students in the Southwest Region
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Best Value Bachelor's Degree Colleges for Petroleum Engineering in the Southwest Region (With Aid)
Petroleum Engineering students getting aid in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $30-$48k) in the Southwest Region
Petroleum Engineering students with family income $30-$48k in the Southwest Region
Best Value Bachelor's Degree Colleges for Petroleum Engineering (Income $75-$110k) in the Southwest Region
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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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