Answered on Feb 18th, 2011 at 11:29 AM
It depends on why you are applying to adjust your status. If based on marriage to a U.S. Citizen, yes you can adjust your status even if out of status. If based on a petition by someone else (ex. Green Card holder spouse, employer, etc.), no you cannot adjust your status. The fact you have a university degree or have been paying taxes is not relevant.