Depression: Is the new generation more prone into this

Technology has greatly changed the way we live and believe. Our grand parents lived longer with lesser stress and demands of society. Since I started teaching in my old college, I was amazed at how the students excuse themselves due to to depression. This has amazed me. Is the new generation having a psychological main stress? Although, I belong to tge millenial age, most of my interactions cover all stages of life. There really is a benefit for the simple life. There is a risk for development. Still the question is have we focused too much on fixing our computers that we failed to fix the people?