I live in a community with a privately owned university for the well off. I worked for a short time where the youngsters came after the bars closed.
It was a huge eye opener. These people are our future leaders, majoring in business administration. Their greatest bain was when "daddy forgot to replenish their pay as you go credit cards."
None of them worked or had part-time jobs. One of our friends who owns a popular restaurant in our town told us most of the students major in bed hopping and seeing how drunk they can get.