We Are The Most Rejected Generation

There's a cost to making it so hard to be a young person right now.

- David Brooks

Not long ago, I was at Williams College, speaking with a fascinating and terrifically observant senior named David Wignall. We were talking about what it was like to be young these days, and he made a point that I'd never considered. "We are the most rejected generation," he said.

He's right. He pointed to the admission rates at elite universities. By 1959, about half of American college applicants applied to just one school. But now you meet students who feel that they have to apply to 20 or 30 colleges in the hopes that there will be one or two that won't reject them. In the past two decades, the number of students applying to the 67 most selective colleges has tripled, to nearly two million a year, while the number of places at those schools hasn't come close to keeping up.

Roughly 54,000 students applied to be part of the Harvard class of 2028, and roughly 1,950 were accepted. That means that about 52,050 were rejected.

The same basic picture applies to the summer internship race. Goldman Sachs, for example, has 2,700 internship positions and receives roughly 315,000 applicants, which means that about 312,300 get rejected. I recently spoke with one college student who applied for 40 summer internships and was rejected by 39. I ran into some students who told me they felt they had to fill out 150 to 250 internship applications each year to be confident there would be a few that wouldn't reject them.

Things get even worse when students leave school and enter the job market. They enter what I've come to think of as the seventh circle of Indeed hell. Applying for jobs online is easy, so you have millions of people sending hundreds of applications each into the great miasma of the internet, and God knows which impersonal algorithm is reading them. I keep hearing and reading stories about young people who applied for 400 jobs and got rejected for all.