When you give every kid a trophy, they all think that they are winners. We have raised a generation of children who have been infantilized and sheltered throughout their childhood and college years. The inevitable result, unfortunately, is a generation of adults that lack the ability to tackle adversity, think critically, or make valid self-assessments (something that is difficult even for the most enlightened). We have a system of social and academic promotion that has virtually no relation to objective metrics. Many universities (and law schools), even the most prestigious, are eliminating objective admission standards because so many applicants are unable to meet them. Its no surprise that those who have been conditioned since birth to believe that they are entitled to "achievements" have an inflated view of their abilities. The steady decline in literacy, critical thinking, and overall competence (from already low historical levels) mirrors the steady decline and atrophication of our society as a whole.
http://college.usatoday.com/2016/07/18/columbia-and-barnard-...
https://www.washingtonpost.com/news/grade-point/wp/2017/03/0...
https://www.fairtest.org/schools-do-not-use-sat-or-act-score...