This research assesses Bologna Process's success to achieve its main objective of enhancing employability among Spanish university graduates who completed their degree during the 2013-2014 Academic Year. The outcomes indicate that the education obtained under the Bologna Process does not either enhance their employability versus pre-Bologna university plan or the probability of employment, while negatively influences the quality of the job by turning it more unstable and poorly paid. Education assessment analysis by the graduates indicates that Bologna Process students do not believe that their education either boosts their probability of employment or significatively impact on their wages. The lack of financing tools and the absence of coordination among universities when it comes to implementing Bologna Process may explain this temporary lack of results.