Seems to be deliberately cherry picking data for the purpose of contraversey.<p>>median earnings for those 18 to 34 are lower<p>This is to be expected since people are spending more of that time in school rather than working full time. Better would be to compare them after they've completed school... Which they do, but...<p>>The average millennial’s wealth in 2016 (ages 23 to 38) was 41% less than those who were at a similar age in 1989<p>Now they've deliberately switched from "earnings" to "wealth". And that's to be expected if someone has spent the last 4-6 years in school rather than working.<p>The article is going out of their way to avoid an apples-to-apples comparison.
Despite having more years of schooling would be more accurate. The watering down of the curriculum over the last half century likely makes it very difficult to get a 'better education' today unless you intentionally work to make it for yourself. However, it is also much easier to do that today, if one is so motivated - what's needed here is a better proxy for quality of education than years of schooling or degrees obtained.