That's a version of the truth, but I believe as though it's those very parents who encouraged their millennial children to borrow 100ks of dollars to attend overpriced universities and consign loans that never should have been made. Parents encouraged millennials to follow their dreams and major in subjects where there are no careers waiting. Additionally, the "snowflake" culture is built on the helicopter parents and the feelings culture that this generation grew up in.
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Yeah you are right on that. The parents dug their own grave.