Petroleum Engineering at New Mexico Institute of Mining and Technology
Socorro, New Mexico • Bachelor's
Median Earnings
$83,781
Graduates earn below the national average for this program
Earnings Comparison
This School
$83,781
Petroleum Engineering
National Average
$94,861
All schools, same program
School Average
$66,386
All programs at New Mexico Institute of Mining and Technology
Program Details
Bachelor's
Credential Level
18
Completers (IPEDS)
23
Schools Offering
Debt & ROI
$24,000
Median Debt
0.29
Debt-to-Earnings
(Favorable)
$200/mo
Est. Monthly Payment
$83,781
Median Earnings
Petroleum Engineering at Other Schools
| School | Median Earnings | Median Debt |
|---|---|---|
| Texas A&M University-College Station | $123,170 | $18,969 |
| The University of Texas at Austin | $111,635 | $17,239 |
| Texas Tech University | $106,480 | $24,850 |
| University of Tulsa | $105,280 | $26,950 |
| Montana Technological University | $102,453 | $27,000 |
| Colorado School of Mines | $101,481 | $26,500 |
| University of Louisiana at Lafayette | $100,443 | $20,500 |
| The University of Texas Permian Basin | $99,979 | — |
| University of Oklahoma-Norman Campus | $99,685 | $23,000 |
| University of Alaska Fairbanks | $97,134 | — |
Other Programs at New Mexico Institute of Mining and Technology
| Program | Median Earnings | Median Debt |
|---|---|---|
| Mechanical Engineering | $92,541 | — |
| Mechanical Engineering | $90,393 | $19,500 |
| Petroleum Engineering (current) | $83,781 | $24,000 |
| Computer and Information Sciences, General | $68,561 | $16,918 |
| Electrical, Electronics and Communications Engineering | $61,496 | $15,981 |
| Civil Engineering | $48,135 | — |
| Teacher Education and Professional Development, Specific Subject Areas | $47,269 | — |
| Chemical Engineering | $38,910 | $15,000 |
About the Data
Data from the U.S. Department of Education College Scorecard (2023). Earnings are median earnings for graduates after completion. Debt figures represent the median cumulative federal loan debt at graduation.
Debt-to-earnings ratio compares cumulative debt to annual earnings. A ratio below 1.0 indicates that annual earnings exceed total debt, generally considered favorable. Estimated monthly payments assume a standard 10-year repayment plan.