The main objectives of this study were to explore the common perception of students about their education for their practical lives, investigate the relationship between higher education and employment, and the extent higher education predicts employment for students. Number of participants were 1210 which were divided into two groups i.e. current students and previous students, and were accessible as sample from public universities in Punjab. The collected data were analyzed through statistical techniques of multiple regression, correlation, t-test, and ANOVA. The results of this study revealed that most of the respondents strongly agreed with the view that higher education is for world of work. The relationship between higher education and employment found significantly positive and it was evident that higher education strongly affects and applied as predictor of employment. On the bases of these findings, it was suggested that Educational ministry must engage its strength for the expansion of higher education and encouragement of proper structural reforms in employment directions. Career guidance and services to search employment inside institutions should be provided to the students for the sake of saving their energies with long time of searching job. Students of postgraduate level should be given more opportunities for placement of work with employment experience.