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RE: Millennials Have Been Financially Screwed - Massive Economic Repercussions To Come
Universities and bankers that are taking advantage of young students with student loans are going to be in for a rude surprise. For now the going is good but there will be a time when there is a significant revolt from students which will likely be caused be a poor job market resulting in defaulting on student loans (oh wait you can't!) . This will spread through the financial system and before you know it there is another crisis.
The one shining light for younger generations is the internet has given them a chance to find additional sources of income and the cost of starting their own business is very little.