05/08/2014 08:48 am ET Updated May 08, 2014

Elite Colleges Don't Buy Happiness For Graduates

Darren McCollester via Getty Images

A word to high-school seniors rejected by their first choice: A degree from that shiny, elite college on the hill may not matter nearly as much as you think.

A new Gallup survey of 30,000 college graduates of all ages in all 50 states has found that highly selective schools don't produce better workers or happier people, but inspiring professors—no matter where they teach—just might.

Read more on The Wall Street Journal