This is interesting. I was a scholarship kid to a private boarding school, and then went on to get a scholarship at a private university that was $50k+ a year in tuition. I need to preface that I met a lot of good smart hardworking kids who did alot of great things with their education and their parents taught them good work ethic. Alot of the parents worked hard for their success and knew instilling good work ethics was important. I also went to an Engineering University so more likely that smart successful people there were inclined to have valuable degrees to put to work than say maybe a school where Political Science dominated the potential work atmosphere.
Anyways, despite this, there were these disease ridden people called "helicopter parents". The angry moms who believed their genius little sons didnt belong at ANY place beneath what they deemed to be good enough for them, which of course was only the Ivy Leagues or perhaps the trailing 5 after (but only because they DECIDED, not because they couldnt get in ugh how dare you make such an assumption).
The sons, these rich little beleagured alcoholics had been drinking their way through highschool as their parents shoved them into every extracurricular they could think of and
1. Made them feel they were never enough while simultaneously sending the message they were privileged geniuses who were entitled to the best --> that mindset will screw with ya abit and I witnessed it in the guy I dated for 3.5 years from college
2. Completely strips away their ability to have
a. self initiative
b. be curious and have confidence in their own intelligence
This leads to a lot of rich entitled kids who simultaneously had low self esteem and no idea what they wanted to do with their lives and were alcoholics.
My ex is interesting particularly because his 4 closest friends were all just like him/similiar background. They all have brand new sports cars fresh out of college and 3 of them have totaled them drunk driving and should be in jail or loaded down with fines and lost their jobs. Needless to say parents payed for lawyers, court, new cars and hooked every single one of them up with jobs and when they "get sad" they can go home and layout at their pools while their mothers dote on them.
My ex before I met him was "depressed" because he wished he could go to state school so his parents sent him to Denmark to party in Europe for a Semester to "cheer" him up....
These kids don't have any sense of consequence for their actions or any idea what its like to work to get into college. They actually have the attitude of being dragged there against their will...
As someone who started on welfare very young and eventually reached lower middle class, going to my college was a dream come true...
Let me tell you though in our 20s ill be paying off student loans and working hard but I am a much happier more intelligent curious person and love my job. These kids are miserable alcoholics bored with life and sitting in jobs their parents put them in.
Their snapshot wealth portfolio may look better than mine ....for now, but they are not happier. They may inherit their parents houses and money but they will still be bored and sad and drinking all the time.
That being said, I know alot of kids who are wealthy and genuinely doing well in life though. I think it is opportunity hoarding when kids who don't want to be in college are forced to go to college, and while some of these kids are obnoxious, upon years of observation I mostly blame the parents for exerting their awful pretentiousness and ways of life onto these kids who basically feel helpless like they don't have any other choice.