Petroleum Engineering
Bachelor's degree · New Mexico Institute of Mining and Technology · Socorro, NM
$42,325Median earnings 1 year after graduating
$95,234Median earnings 4 years after
—Median earnings 5 years after
$24,000Median federal debt
11Graduates per year
How this program compares
Graduates of the bachelor's degree program in Petroleum Engineering at New Mexico Institute of Mining and Technology earn a median of $42,325 one year after completing the program. Nationally, bachelor's degree graduates in this field earn a median of $104,823 four years after graduating (middle half: $80,747–$146,680). Median debt is $24,000, about 57% of first-year earnings.
Other programs at New Mexico Institute of Mining and Technology
- Mechanical EngineeringMaster's degree
$92,541 - Electrical, Electronics, and Communications EngineeringBachelor's degree
$73,300 - Mechanical EngineeringBachelor's degree
$57,424 - Chemical EngineeringBachelor's degree
$57,215 - Computer and Information Sciences, GeneralBachelor's degree
$95,750 - Teacher Education and Professional Development, Specific Subject AreasMaster's degree
$70,333 - Biology, GeneralBachelor's degree
$48,211
Frequently asked questions
How much do Petroleum Engineering graduates from New Mexico Institute of Mining and Technology make?
The median salary is $42,325 one year after graduation.
How much student debt do graduates have?
Graduates who borrowed federal loans owe a median of $24,000.
Source: U.S. Department of Education College Scorecard, June 2026 release (Field of Study data). Earnings are for graduates who received federal financial aid.