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Generation Y

Millennials, America’s First Failed Generation?

Millennials’ fate will depend largely upon whether they’re the progeny of wealthy families or not. Those who can depend on “the bank of mom and dad” for an interest-free loan (or a generous inheritance) will always have an advantage in procuring the best homes, jobs and school placement as entry to the upper echelon of society still largely depends on having access to the best schools and alumni networks.