Median Earnings (1yr)
$69,212
58th percentile
Median Debt
$27,000
4% above national median

Analysis

Montana Tech's petroleum engineering program delivers strong outcomes, though the numbers come with an important caveat: with fewer than 30 graduates in the dataset, these figures could swing significantly year to year. That said, graduates start at $69,212 and jump to $102,453 by year four—a 48% increase that reflects petroleum engineering's trajectory as graduates gain field experience and professional certifications. The debt load of $27,000 is reasonable, translating to a 0.39 debt-to-earnings ratio that's far more manageable than most engineering programs.

The earnings place Montana Tech slightly above the national median for petroleum engineering schools, landing in the 58th percentile. Given that only 24 schools nationwide offer this specialized degree, that positioning is respectable, particularly at an institution with a 90% acceptance rate. The real advantage here is access: Montana Tech provides a path into a high-paying field without the selectivity barriers of flagship universities.

The small sample size matters because it means one bad year could tank these numbers, and one great year could inflate them. If your child is seriously considering petroleum engineering, Montana Tech offers solid economics—low debt, strong earnings growth, and an open-access entry point. Just understand you're betting on both the program and the notoriously cyclical oil and gas industry, which can make job prospects volatile depending on when your child graduates.

Where Montana Technological University Stands

Earnings vs. debt across all petroleum engineering bachelors's programs nationally

Earnings Distribution

How Montana Technological University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Montana Technological University$69,212$102,453+48%
Texas A&M University-College Station$69,603$123,170+77%
The University of Texas at Austin$86,761$111,635+29%
Texas Tech University$80,460$106,480+32%
Colorado School of Mines$77,400$101,481+31%

Compare to Similar Programs Nationally

Petroleum Engineering bachelors's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Montana Technological UniversityButte$8,050$69,212$102,453$27,0000.39
The University of Texas at AustinAustin$11,678$86,761$111,635$17,2390.20
Marietta CollegeMarietta$38,974$82,205$88,869$27,0000.33
Texas Tech UniversityLubbock$11,852$80,460$106,480$26,0900.32
Colorado School of MinesGolden$21,186$77,400$101,481$27,0000.35
University of North DakotaGrand Forks$10,951$73,821$86,097$27,0000.37
National Median$67,567$25,8750.38

Career Paths

Occupations commonly associated with petroleum engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Petroleum Engineers

Devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.

$141,280/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Montana Technological University, approximately 21% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 29 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.