My Generation borrowed the popular mockumentary format to follow a group of high school seniors as they graduated, and then revisit them ten years later. Each person fit a different stereotype: the Nerd, the Jock, the Punk, etc., but they had one cliche in common: They all realize that their lives aren't going as expected.
The show was cancelled after two episodes. How the hell My Generation wasn't pitched as a movie could be anyone's guess. (Or maybe it was, and the studios passed.) It sounds like a lost John Hughes scripts. Making audiences relive their high school years (and the crushing sadness of their lives afterward) for two hours is plenty. Making an entire series out of it? That qualifies as torture.