Median Earnings (1yr)
$80,460
94th percentile (60th in TX)
Median Debt
$26,090
1% above national median
Debt-to-Earnings
0.32
Manageable
Sample Size
59
Adequate data

Analysis

Texas Tech's petroleum engineering program launches graduates into six-figure territory remarkably fast—earnings jump from $80,460 to $106,480 within four years, a 32% increase that reflects the program's strong industry connections. While it ranks in the 94th percentile nationally, the Texas context is more nuanced: with seven petroleum engineering programs statewide, Tech sits at the 60th percentile, behind UT Austin and Texas A&M's flagship but well ahead of regional competitors. For families paying in-state tuition, that's a meaningful position—you're getting significantly better outcomes than half the state's programs at a fraction of what private schools charge.

The $26,090 debt load is entirely manageable given first-year earnings, with graduates owing less than one-third of their initial salary. That debt-to-earnings ratio is substantially better than most majors, and the strong earning trajectory means financial breathing room arrives quickly. The moderate sample size suggests this isn't a tiny, volatile program—it's an established track with consistent placement.

For Texas families, this represents solid value: you're not quite at flagship-level outcomes, but you're avoiding both the massive debt of out-of-state programs and the earning limitations of smaller regional schools. If your student can handle the technical demands and isn't fixated on the absolute top-tier brand, Tech delivers strong financial returns without the debt burden that would come from chasing marginally higher earnings elsewhere.

Where Texas Tech University Stands

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

Texas Tech UniversityOther petroleum engineering programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Texas Tech University graduates compare to all programs nationally

Texas Tech University graduates earn $80k, placing them in the 94th percentile of all petroleum engineering bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Texas

Petroleum Engineering bachelors's programs at peer institutions in Texas (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Texas Tech University$80,460$106,480$26,0900.32
The University of Texas at Austin$86,761$111,635$17,2390.20
Texas A&M University-College Station$69,603$123,170$19,0000.27
The University of Texas Permian Basin$61,299$99,979$24,5000.40
University of Houston$52,295$84,507$23,3660.45
Texas A&M University-Kingsville$43,257———
National Median$67,567—$25,8750.38

Other Petroleum Engineering Programs in Texas

Compare tuition, earnings, and debt across Texas schools

SchoolIn-State TuitionEarnings (1yr)Debt
The University of Texas at Austin
Austin
$11,678$86,761$17,239
Texas A&M University-College Station
College Station
$13,099$69,603$19,000
The University of Texas Permian Basin
Odessa
$10,904$61,299$24,500
University of Houston
Houston
$9,711$52,295$23,366
Texas A&M University-Kingsville
Kingsville
$9,892$43,257—

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 Texas Tech University, approximately 26% 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 59 graduates with reported earnings and 54 graduates with debt data. Small samples may not be representative.