If the bachelors degree is the new high school diploma?

[allvia]

No, it is not the new HS diploma - but I think the impact varies depending on where you live.  If you live in an area where it is the norm for people to have a college degree then maybe; if you live in an area where the majority are still lacking one then it puts you at an advantage (see: https://www.degreeforum.net/mybb/Thread-...ted-States).   Also it depends on the field you work in - if your goal is to be an electrician, having a Liberal Arts Bachelor (e.g.) isn't really going to matter; for that profession requires a completely different type of training beyond high school.  Overall (in the US) we are far from a college degree being what the average adult achieves; no matter if they're Millennial, Baby Boomer, or other generation.