I think this really just shows that people live/grow-up in their own bubbles oftentimes. Many times not the fault of the person rather the parents that kept the child in the bubble.
If you hear from your parents that if you go to an elite you will rule the world and you hear that enough you start to believe it. Plus other sources of information might say the same thing.
A rich kid might not understand things about people who make less than their parents. The same goes for the poor kid who doesn’t understand things about people who are more stable or rich. Until you have been around the block you just don’t know.
My wife who went to school with me at a T20 school probably would appear to this person to have fallen down because she is making only about 40-50% of what she could be making if she hadn’t left the workforce for 9 years for the kids.
Heck even myself. I am sure many of my classmates do better than me financially. I decided not to climb the corporate ladder fully. I was able to be around for my kids coach them some. I know guys that are out to client dinners 2-3 times a week. Or they travel a ton. They hardly see their kids. That is their choice.