As oil prices drop, engineering students rethink strategy

March 2, 2015

The downturn in oil prices has some petroleum engineering students at Wyoming and Colorado colleges rethinking their career choice.

A year ago, petroleum engineering students were anticipating six-figure starting salaries for a bachelor's degree. But now that the oil price slide has turned to an oil price slump, jobs in the field are suddenly drying up.

University of Wyoming petroleum engineer student Evan Lowry tells KUWR that he's enrolling in a chemical engineering master's degree program in case he can't get hired as a petroleum engineer.

At the Colorado School of Mines, associate teaching professor Carrie McClelland says plenty of her students are facing the same problems with finding work after graduation.

McClelland says that some seniors have had offers rescinded and many students are considering graduate school.