This study investigated the impact of social skills on the life events experienced by university undergraduates (n=429). Segrin (2001) advocated a social skills deficit stress generation hypothesis which states that social skills reduce the experiences of life events. On the contrary, Tanaka, Yonehara, and Kosugi (2003) showed that social skills increased the experiences of life events, therefore, it may also be possible to posit a social skills surplus stress generation hypothesis. Based on the results of multiple regression analysis, in which the explanatory variables were the components of social skills, and criterion variables were the experiences of life events, it was clear that the components of social skills principally influenced the experiences of life events related to interpersonal relationships. Specifically, trouble-shooting skills decreased life event experiences, while communication-skills increased them. Therefore, it is suggested that both of the above hypotheses are based on the influences of the different components of social skills on life event experiences.