Friendship is a voluntary association with others that provides social and emotional capital, and a network for trust, information, support, and influence. The goal of this investigation is to determine the nature of the relationships between gender, friendship quality, and life satisfaction as related to undergraduate college students to gain a better understanding of what constitutes friendship quality, along with the importance of maintaining it for improved satisfaction in life. Results suggest that while men reported higher levels of friendship quality than women, the difference was not significant. Results also suggest a negative relationship between friendship quality and life satisfaction for all genders. Further discussion follows.