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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,050 | $69,212 | $102,453 | $27,000 | 0.39 | |
| $11,678 | $86,761 | $111,635 | $17,239 | 0.20 | |
| $38,974 | $82,205 | $88,869 | $27,000 | 0.33 | |
| $11,852 | $80,460 | $106,480 | $26,090 | 0.32 | |
| $21,186 | $77,400 | $101,481 | $27,000 | 0.35 | |
| $10,951 | $73,821 | $86,097 | $27,000 | 0.37 | |
| National Median | — | $67,567 | — | $25,875 | 0.38 |
Career Paths
Occupations commonly associated with petroleum engineering graduates
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.