Based on the Chinese Longitudinal Healthy Longevity Survey (CLHLS) data from 2005 to 2011, using the panel data regression method to analyze the relationship between education and the elderly life quality. The results: (1) We analyze the elderly quality of life from the material life quality, spiritual life quality and health, and education significantly improves the elderly life quality of each dimension. (2) When compared with the elderly in rural areas, urban elderly quality of life is significantly higher. In terms of spiritual life quality, material life quality and psychological state of health, the impact of education on the elderly in urban areas is greater. (3) It is further proved that education has the stability and universality to the elderly quality of life when introducing the education years of robustness test. In short, education has positive influence on the Chinese elderly quality of life, the elderly who are vulnerable groups with no education or in rural should get more social attention and policy supports.