>By all rights, Millennials—people born between 1981 and 1997—should be the highest-paid generation in American history. They are, after all, the most likely to

>By all rights, Millennials—people born between 1981 and 1997—should be the highest-paid generation in American history. They are, after all, the most likely to hold a college degree and are working in a period of unsurpassed productivity. "By rights"? This article goes off the rails right there in the first sentence. It's hard to know where to start with how wrong this is. If the demand for your skill doesn't change and twice as many people have it, in aggregate the people with that skill are going to make less money. The idea that we're going to educate ourselves into prosperity as a society is daft - if we could all do brain surgery it would be a minimum wage job. The over-schooling of the millennials is a massive misallocation of resources, fueled by debt, cynical college administrators, weak politicians, credulous bureaucrats, and parents doing the wrong thing for the right reasons. That's not the kind of thing that makes you wealthier. Quite the opposite.