The kids should stop complaining they have it no harder than we did is a #KevinDrum obsession. His pieces in this vein demand high scrutiny in general.
But the comparative student debt graph in this piece is a true masterpiece in misuse of data. People of older generations with unpaid student debt are the ultimate unrepresentative cohort. They are likely to have started rough and done poorly. In which case time itself is a confound as not-fully-paid interest capitalizes. https://jabberwocking.com/millennials-are-doing-fine-part-xvii/
Kevin DrumMillennials are doing fine, part XXXVII - Kevin DrumThe Washington Post informs us that Millennials are screwed:
Homeownership — the main driver of wealth for most Americans — is out of reach for large swaths of the population. But the pinch is most pronounced for millennials, who are buying homes at a slower pace than those before them.
....Those born between 1981 to 1996 have been called the “unluckiest generation.”