The American Dream Revisited

Young adults, particularly those in the "Millennial" generation (ages 18-29) are having a hard time achieving the American dream, a dream that, to several past generations, was readily attainable with a good work ethic. And you can't say the millennials are lazy. That's not the case. This group of young people is the most educated generation yet. Yet, the more people graduating from college and grad school, the more careers are becoming a thing of the past. Trying to find a job within your specialization can prove daunting even for a seasoned veteran and let's face it: education does not experience make. Is this generation over-educating themselves? Many millennials have "dumbed down" their resumes in hopes of getting jobs they are afraid they will be deemed over-qualified for. And student loan defaults are at an all-time high as well. Thoughts?