Like someone else in the thread said, they might have been miserable, but they had potential, options, future ambiguity. After a certain point, those narrow and solidify. A miserable past where the future wasn't set feels more glamorous than a miserable present railroaded into a miserable future.
College was a great experience too, and I made some great friends, but I really focused on graduating in engineering so I slowly became the party-pooper, and in grad school my wife and I moved in together, got married, so it was a completely different life experience. Now my focus is on work and getting my 3 kids into good colleges.
I sometimes dream about being in high school again, or taking my kids back with me to see what life was like pre-cell phones. I wouldn't say that high school was the best part of my life, but it is a chapter I reminisce about and wish I could revisit occasionally.
"I never had any friends later on like the ones I had when I was twelve. Jesus, does anybody?" - Stephen King, Stand By Me