Petroleum Engineering at Colorado School of Mines

Golden, CO · Public · Bachelor's Degree
67 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
68
Optimistic
67
Base Case
64
Pessimistic
Earnings $77,400/yr (21% vs median)
AI Risk High (48% exposed)
Job Market Medium (19,800 openings/yr)
ROI 10.8x earnings multiple (5.1x out-of-state)
Ranked #10 of 18 Petroleum Engineering programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Petroleum Engineering graduates.

Optimistic
No Disruption
Base Case
Gradual AI
Pessimistic
Aggressive AI
10-Year Earnings $958K $914K $780K
Earnings Multiple (In-State) 11.3x 10.8x 9.2x
Earnings Multiple (Out-of-State) 5.4x 5.1x 4.4x
Probability of Field Employment 73% 66% 49%
DegreeOutlook Score 68 67 64

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition, In-State (Sticker)
$84,744
Out-of-state: $177,504 (5.1x ROI)
4-Year Net Price (After Aid)
$116,960
-38% less than sticker · See by income
Median Debt at Graduation
$26,500
4.1 months of Year 1 earnings
Reported Earnings (5 Year)
$105,804
37% growth from Year 1

Program Analysis

First-year earnings of $77,400 at Colorado School of Mines come in 21% above the national median of $64,106 for Petroleum Engineering programs.

The 10.8x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.

AI risk is moderate — 48% task exposure — and the 19% scenario spread suggests disruption would dent but not destroy the earnings outlook.

With first-year pay of $77,400 far exceeding the $26,500 median debt, the payback timeline is measured in months, not years.

At #10 out of 18 programs, Colorado School of Mines's financial outcomes for Petroleum Engineering trail the majority of peers. The value case depends on other factors.

The five-year earnings trajectory from $77,400 to $105,804 shows 37% growth, reflecting steady but unremarkable salary progression.

About Colorado School of Mines

A 60% admission rate makes Colorado School of Mines accessible to a wide range of qualified students, enrolling 5,801 students in Golden, CO.

See all programs and financial aid at Colorado School of Mines →

Top Career Paths

Architectural and engineering managers $167,740/yr
Petroleum engineers $141,280/yr
Engineering teachers, postsecondary $106,120/yr
View all 3 career paths with salary ranges and AI risk →

Compare & Explore

Petroleum Engineering at Other Schools

Other Majors at Colorado School of Mines

Frequently Asked Questions

How does Colorado School of Mines's Petroleum Engineering program score?
A score of 67/100 reflects decent absolute metrics, but Colorado School of Mines trails the majority of Petroleum Engineering programs on relative rankings. Context matters more than the raw number.
How vulnerable is Petroleum Engineering to AI automation?
AI won't 'replace' Petroleum Engineering careers outright, but it is likely to reduce the number of job openings. We model 48% task exposure, which compresses field employment probability in our scenarios.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →