Petroleum Engineering at New Mexico Institute of Mining and Technology
Socorro, NM · Bachelor's Degree · about 11 graduates a year
New Mexico Institute of Mining and Technology graduates in petroleum engineering earn 9% less than the national median for the same major four years after graduating. Their median federal debt equals about 25% of one year’s pay at that point.
How New Mexico Institute of Mining and Technology Compares for Petroleum Engineering
All 19 colleges reporting petroleum engineering earnings at this degree level, ranked by median pay four years after graduation. “Wage-adjusted” divides pay by the square root of the state’s wage index so colleges in low-wage states aren’t penalized for local pay.
| # | College | 4 yrs after | Wage-adjusted | Adj. rank | 1 yr after |
|---|---|---|---|---|---|
| 1 | University of Tulsa Tulsa, OK | $145,353 | $163,197 | #1 | — |
| 2 | The University of Texas at Austin Austin, TX | $139,867 | $142,204 | #2 | $86,761 |
| 3 | Texas Tech University Lubbock, TX | $139,864 | $142,201 | #3 | $80,460 |
| 4 | University of Oklahoma-Norman Campus Norman, OK | $123,416 | $138,567 | #4 | $61,223 |
| 5 | Colorado School of Mines Golden, CO | $116,691 | $109,129 | #12 | $77,400 |
| 6 | Texas A & M University-College Station College Station, TX | $114,686 | $116,602 | #7 | $69,603 |
| 7 | Pennsylvania State University-Main Campus University Park, PA | $113,669 | $115,602 | #9 | $85,795 |
| 8 | Montana Technological University Butte, MT | $106,076 | $115,871 | #8 | $69,212 |
| 9 | Louisiana State University and Agricultural & Mechanical College Baton Rouge, LA | $103,421 | $119,718 | #5 | $56,605 |
| 10 | University of Louisiana at Lafayette Lafayette, LA | $102,594 | $118,760 | #6 | $49,781 |
| … | |||||
| 13 | University of North Dakota Grand Forks, ND | $99,932 | $103,532 | #16 | $73,821 |
| 14 | Marietta College Marietta, OH | $99,295 | $105,963 | #14 | $82,205 |
| 15 | University of Kansas Lawrence, KS | $97,527 | $101,249 | #17 | $42,865 |
| 16 | New Mexico Institute of Mining and Technology Socorro, NM | $95,234 | $110,266 | #10 | $42,325 |
| 17 | University of Houston Houston, TX | $94,651 | $96,232 | #18 | $52,295 |
| 18 | West Virginia University Morgantown, WV | $91,142 | $107,826 | #13 | $68,913 |
| 19 | Texas A & M University-Kingsville Kingsville, TX | $77,469 | $78,763 | #19 | $43,257 |
Other Majors at New Mexico Institute of Mining and Technology by Graduate Pay
| Major | 4 yrs after | 1 yr after | Rank in major |
|---|---|---|---|
| Electrical, Electronics, and Communications Engineering | $117,813 | $73,300 | #15 of 258 |
| Mechanical Engineering | $98,213 | $57,424 | #50 of 318 |
| Computer and Information Sciences | $95,750 | — | #145 of 459 |
| Chemical Engineering | $85,900 | $57,215 | #150 of 158 |
| Biology | $48,211 | — | #732 of 841 |
Frequently Asked Questions
How much do New Mexico Institute of Mining and Technology petroleum engineering graduates make?
Graduates earn a median $42,325 one year after graduating and $95,234 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.
How does New Mexico Institute of Mining and Technology rank for petroleum engineering?
Among 19 colleges reporting earnings for petroleum engineering graduates, New Mexico Institute of Mining and Technology ranks #16 by median pay four years after graduation, and #10 after adjusting for state wage levels.
Is petroleum engineering at New Mexico Institute of Mining and Technology worth it?
Its graduates earn 9% less than the national median for petroleum engineering ($104,823), and the median federal debt at graduation is $24,000.
← All data for New Mexico Institute of Mining and Technology · Methodology
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are medians for graduates who received federal aid and were working and not enrolled; programs with few graduates are not reported. Wage adjustment uses Census ACS state median household income.