Values, value orientations and political preferences are topics that are often studied and explored. However, values don't have universal definition; in researches of Croatian scientists there is often no clear distinction between the concept of value and the concept of value orientation; and there are few studies that link values and value orientations to political preferences. That's why the theoretical part of this paper will present values in several scientific disciplines and will show value orientations across four dimensions. Furthermore, this paper will talk about values in Croatia and what are the values of young people who are the target group in this paper. After that, it will be presented what are the political preferences in Croatia and will be shown examples from Croatia that will give an overview of each other's influence of values and value orientations with political preferences. After the theory is presented, other part of this paper will present a survey that filled 192 students from the University of Zagreb and the Croatian Catholic University. The results of the research have shown that students are cherishing traditional values but that there is the process of modernization that is happening right now and because of that process there is plurality of values among students. Also, the results show that most of the students are placed in the center of the political spectrum but a lot of students don't go to the elections and that they don't vote and don't prefer any political option while those who go to the elections prefer Bridge of Independent Lists and the Croatian Democratic Union.