Abstract: In her research Novgorodova analyzes psychological problems that may be encountered by young people (particularly students) and relate to the subjective well-being and personality factors. The researcher presents the results of her empirical research of correlational and causal connections between satisfaction with life, self-attitude and perfectionism based on the analysis of secondary and higher education students. The research involved 443 respondents. As a result of her research, Novgorodova has discovered statistically significant dependencies between such parameters as self-attitude and perfectionism on the one part and satisfaction with life on the other part. She differentiates predictors of subjective well-being depending on the kin dof education and builds the models of determinants of satisfaction with life that demonstrate the role of personality traits in the regulation of the cognitive component of the subjective well-being as it is felt by students from different organisational institutions. The author has used step-by-step causal analysis that allows not only to explain the areas and changes of the subjective satisfaction with life but also outline the promising areas and targets of psychological counselling for secondary and higher education students. The patterns discovered by the author would be of interest for practical psychologists and researchers who want to find out the cause of the low level of one's satisfaction with life. The author also discovered the interpersonal potential for optimisation and regulation of the quality of life of today's youth which creates the grounds for future experimental research.