Texas Tech University Petroleum Engineering: earnings, debt & careers

Petroleum Engineering graduates of Texas Tech University earn a median $139,864 four years after graduating ($80,460 after one year), with median federal loan debt of $26,090. That is $37,270 above the U.S. median for Petroleum Engineering graduates ($102,594 across 19 colleges), and ranks 2nd of 5 Texas colleges.

Show numbers for my family

Yearly household income. Saved on this device only. No account needed.

Earnings, 4 years after graduating
$139,864

U.S. median for this major: $102,594.

College Scorecard field of study; 79 graduates with earnings reported

Earnings, 1 year after
$80,460

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$26,090

About 19% of median earnings 4 years out. U.S. median $25,875.

College Scorecard field of study (federal loans)

What your family pays
$19,070 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $27,443. College Scorecard.

Texas Tech University Petroleum Engineering: pay against the field, and payback

Same major, other colleges

Texas Tech University graduates$139,864
Texas median (5 colleges)$114,686 (+$25,178)
U.S. median (19 colleges)$102,594 (+$37,270)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Petroleum Engineering nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Texas Tech University's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$12,457$54,437under 1 year
$30–48k$13,851$60,529under 1 year
$48–75k$17,058$74,543under 1 year
$75–110k$22,073$96,459under 1 year
$110k+$24,622$107,5981.0 years

Cost to finish = yearly price × 4.4 years, the average time graduates took (44% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Petroleum Engineering graduates 4 years after graduating ($139,864) minus $33,516 for high school graduates ages 25-34 in TX (Census ACS 2020-2024), a gain of $106,348 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Petroleum Engineering at Texas colleges

Every Texas college we cover that reports Petroleum Engineering graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1The University of Texas at Austin$139,867$17,239$19,85789%
2Texas Tech University$139,864$26,090$19,07069%
3Texas A&M University-College Station$114,686$19,000$21,31584%
4University of Houston$94,651$23,366$14,27665%
5Texas A&M University-Kingsville$77,469—$12,09042%

2 more Texas colleges offer Petroleum Engineering but have too few graduates to report earnings.

Careers for Petroleum Engineering graduates

Architectural and Engineering Managers

Lubbock area$150,150
Texas$171,370
U.S.$171,270

Median annual wage, all workers. U.S. jobs +5.5% by 2035. Typical entry: bachelor's degree.

Petroleum Engineers

Lubbock area$164,480
Texas$164,860
U.S.$144,910

Median annual wage, all workers. U.S. jobs +2.0% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at Texas Tech University, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Texas Tech University

Related majors at Texas Tech University

Texas Tech University Petroleum Engineering questions

How much do Texas Tech University Petroleum Engineering graduates earn?

Petroleum Engineering graduates of Texas Tech University earn a median $139,864 four years after graduating and $80,460 one year after. The U.S. median for Petroleum Engineering graduates across 19 colleges is $102,594.

How much debt do Texas Tech University Petroleum Engineering graduates have?

The median federal loan debt for Petroleum Engineering graduates of Texas Tech University is $26,090, about 19% of their median earnings four years out. Nationally the median is $25,875.

Is Texas Tech University a good school for Petroleum Engineering in Texas?

On pay, Petroleum Engineering graduates of Texas Tech University earn $139,864 four years out, $25,178 above the median for the same major across 5 Texas colleges ($114,686) and $37,270 above the U.S. median ($102,594). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does Texas Tech University rank for Petroleum Engineering in Texas?

Of 5 Texas colleges reporting Petroleum Engineering graduate earnings, Texas Tech University ranks 2nd. The highest is The University of Texas at Austin at $139,867.

What jobs do Petroleum Engineering graduates get?

A common career is architectural and engineering managers, with a median wage of $150,150 in the Lubbock, TX area and $171,270 nationally. Others include petroleum engineers.

Is Texas Tech University the right fit for your family?

Get a free report comparing Texas Tech University with up to 4 other schools on what you'd actually pay, what graduates in your major earn, and how each fits your priorities.

Build my free reportCheck my chances of getting in

We never share your contact information.

Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
Data: JSON · Markdown · all datasets
Cite this: “Texas Tech University Petroleum Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/texas-tech-university/majors/petroleum-engineering (College Scorecard and BLS data).