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

With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Petroleum Engineering Schools for a Master’s in New Mexico” ranking.

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

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 Master’s in New Mexico” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 1 Best Value Master’s Degree Colleges for Petroleum Engineering 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 list. Socorro, New Mexico is the setting for this small institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 2 students 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.

Read full report on Petroleum Engineering at New Mexico Tech

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