According to today's Marketplace Morning Report, the answer is no. Findings show that graduates of exclusive colleges and universities are not significantly happier than peers from less prestigious institutions. Those who were happier later in life had close relationships with "inspiring, supportive professors or mentors" during their college years. Considering the staggering cost of higher education these days, we need to rethink its importance. Maybe there's a better way to help people acquire skills they would gain at the university level while increasing their happiness and protecting their bank accounts.