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
Earnings Distribution
How Texas Tech 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 |
|---|---|---|---|
| Texas Tech University | $80,460 | $106,480 | +32% |
| Texas A&M University-College Station | $69,603 | $123,170 | +77% |
| The University of Texas at Austin | $86,761 | $111,635 | +29% |
| The University of Texas Permian Basin | $61,299 | $99,979 | +63% |
| University of Houston | $52,295 | $84,507 | +62% |
Compare to Similar Programs in Texas
Petroleum Engineering bachelors's programs at peer institutions in Texas (7 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,852 | $80,460 | $106,480 | $26,090 | 0.32 | |
| $11,678 | $86,761 | $111,635 | $17,239 | 0.20 | |
| $13,099 | $69,603 | $123,170 | $19,000 | 0.27 | |
| $10,904 | $61,299 | $99,979 | $24,500 | 0.40 | |
| $9,711 | $52,295 | $84,507 | $23,366 | 0.45 | |
| $9,892 | $43,257 | — | — | — | |
| 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 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.