It is undesirable when students attend institutions that are less selective than their academic credentials would permit (i.e., undermatching) because of the long-term consequences for their job opportunities and wages, in particular for students from low-socioeconomic (SES) backgrounds. Undermatching may also affect students’ satisfaction during college. Research from a life course perspective shows that subjective experiences during college may have long-term impact on adolescents’ development. However, little is known about the relation between undermatching and students’ subjective experiences during their years in college, and about whether this relation is moderated by SES. From an academic misalignment perspective, undermatching may ...