You’ ve painted a bleak picture using anecdotes. I work in Seattle’s tech sector and I can paint a very different story of tech companies competing intensely for new grads, offering six figure salaries to 22 year-olds. I’ve attended the campus recruiting events and made these offers personally. There aren’t enough grads to fill the tech jobs in Puget Sound.
Point being that anecdotes aren’t a good basis for making policy. This data indicates that college grads have suffered more unemployment (up 3–4% from 2000) but not nearly as badly as less educated millennials. And if you look at the data for the non-millennial workforce, you see the same trend: unemployment is higher for everyone. College educated millennials aren’t being singled out for economic deprivation.
Your assertion that “grads no longer start from zero – they start with a negative balance.” makes it sound like the student loan is a new invention and previous generations graduated debt free. C’mon.
I acknowledge that the economy and the cost of college makes for a tough environment, but there’s also too much exceptionalism expressed by and about millennials.