<p>Of course, correlation doesn't mean causation, but....</p>
<p>" Richard Florida, director of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto, and his colleague Charlotta Mellander have taken a closer look at the metropolitan well-being numbers. They found moderate correlations between happiness and other factors, like wages, unemployment and output per capita.</p>
<p>But the variable they looked at that showed the strongest relationship with happiness was human capital, measured as the share of the population with a bachelors degree or higher...." Does</a> Education Make You Happy? - Economix Blog - NYTimes.com</p>
<p>I can understand this. Money can’t buy you happiness but constantly struggling to make ends meet can make for a miserable existence. People without college degree earn less and have a tougher time finding a job when they are competing against college graduates.</p>
<p>There’s something to be said for having knowing you can support yourself comfortably because you have the credentials and skill set to make you marketable. Not that having a college degree is a guarantee of a job but it does help.</p>
<p>I’m sure there are a lot of other variables beside employment opportunities that make college graduates happier but I suspect that is a big one.</p>