Karmel Blue Posted over 1 year ago Does a higher level of education increase happiness? Yes & No. For some a higher education brings more wealth and status in the community. Nowadays a degree does not automatically give one a steady job for life. Many employers want extra study (while working) i.e Masters degree with its bucket load of stress. My brother (brilliant as) got Bachelor and Masters easily but could not easily find work in that area of his studies all the time. Started studying washing machine mechanics got plenty of work (albeit less $'s than a job with 2 degrees) and was quite happy doing that, worked the hours he wanted, not travel in peak traffic too often, take a day or 2 off to go fishing etc. I'd say a degree (or two) is a good idea if you have the brains and the money to get it. Otherwise do not stress and keep mind open to other options - go for quality of life and happiness.