2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in New Mexico

Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Petroleum Engineering Schools for a Bachelor’s in New Mexico” ranking is one tool we have developed to help in this regard.

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 New Mexico, there were 23 petroleum engineering graduates with average earnings and debt of $0 and $26,747 respectively. At the bachelor’s degree level specifically, there were 18 petroleum engineering graduates with average earnings and debt of $36,108 and $24,162 respectively.

This ranking identifies schools with high-quality petroleum engineering programs that also have a lower cost than 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

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Petroleum Engineering Schools for a Bachelor’s in New Mexico” ranking, along with many other major-related rankings, to help you make that decision.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Petroleum Engineering Schools for a Bachelor’s in New Mexico

The colleges and universities below are the best for new mexico bachelor’s degree petroleum engineering students.

Top 1 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$14,595 Average Net Price

$67,660 Average Early-Career Earnings

Out of the 1 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in New Mexico 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 school located in Socorro, New Mexico that handed out 18 bachelors’s petroleum engineering degrees in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Bachelor’s Degree Schools in New Mexico” list. It costs about $14,595 for new mexico bachelor’s degree petroleum engineering students per year to attend New Mexico Institute of Mining and Technology.

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.

Full New Mexico Tech Petroleum Engineering Report

• Best Value Bachelor’s Degree Colleges for Petroleum Engineering in the Southwest Region
• Best Value Bachelor’s Degree Colleges for Petroleum Engineering

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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