The fact is that, for the most part, it is correct. The generations coming through university these days are screwed, and it's got little to do with the older generations, and a lot to do with our social and economic systems. The government are trying to push more and more people through university, believing everyone should have a degree, and this mindset is destroying us. Too many people are getting mickey mouse qualifications and then end up job-seeking for years, or in zero-hours contracts, or scraping by on minimum wage, because of the sudden influx of newly qualified 20-somethings all trying to get the same jobs.
This also has the knock-on effect of watering down university degrees by too many students and too little funding, and this is just compounded by the fact that the tuition fee system, whilst it might have originally had the right idea on some levels, is losing the government money, and forcing millions of young people into debts, many of whom will never pay them off.
Further, the push to get everyone a university degree means fewer are going into vocational courses, and this is something that needs urgent change. Other countries such as Germany show the importance of having a healthy balance in the vocational and academic qualifications for the populous, and we need to emulate them in that regard.
The only areas that the older generations are having a negative effect on us (financially, yet arguably not ethically) are in healthcare and in jobseeking. There is a larger strain on both the individual and the state that comes from an ever-growing group of those over 65+, and this, combined with falling birth rates in much of the country, is causing a top-heavy pyramid situation which could lead to worse situations in the coming decades. The older generations are also working until later, retiring well into their 60s (and sometimes 70s) because of government schemes, social stigma and more, but you can hardly blame them with the pitiful pensions offered to the large majority in the civil services.
Things will need to change, laws will need to be rewritten, and fingers will need to be pointed. As much as I am loathe to agree with the little balls of scum that are Owen Jones and Russell Brand, a good place to start is completely eradicating tax avoidance within multinational organisations and millionaires, and have a look at where our money actually goes. We should NOT, however, turn this into an 'us vs them' situation with the young and the old facing off.