In this case it's that millennials earn some 20% less than boomers did at the same stage of life. So, while it's true, don't take it to be hugely important:Baby Boomers: your millennial children are worse off than you. The four year college completion or graduation rate has gone up by some 50% since the boomers were similarly measured. And here's one of the things we know about blue collar and professional wages. The millennials have lower net wealth than the boomers.

Source: Forbes January 14, 2017 14:45 UTC