In defense of my Millennial friends, I don't think this gaggle of self-absorbed dilettantes is really all that representative of their generation. And frankly, you're going to need a helluva lot more than a 10% pay cut to finance world travel anyway, even on the cheap. What the story really seems to be saying is that they'd rather play than work. Who wouldn't?
Agreed, but having the media push these stories feeds an agenda.
I have a buddy who spent time there. Sounded like a spiritual healing session from Po City would involve a lot of penicillin. But, I've never been there myself. :-)