Oil prices affect Wyoming, Colorado college students

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.

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

McClelland says that some seniors have had offers rescinded and many students are considering graduate school.