Rich…Pity?

If the college admissions scandal has done anything, it has reminded us that there are two Americas that of the richest of the rich – and the rest of us.

The extent to which the super-rich have gone to get their offspring admitted to the most prestigious universities is, indeed, mind-boggling.

That’s why I was drawn to Richard Reeves op-ed, “Now the Rich Want Your Pity Too.” The author explains how the rich can’t stop at being rich, they need to work hard to be the richest, camp out to be at the front of the line to get their kids into the premier nursery school, and cheat to get them into the best colleges.

And then they complain that they have to work hellish hours to do all this “goodness.” Reeves has some suggestions – for all of us:

I have some better — and cheaper — ideas to improve the lives of the rich. If you are spending thousands of dollars and thousands of hours cultivating your children to get them into the most selective institutions: Just stop. Your kids will be just fine attending a good public university. And everyone’s life will be more relaxed in the meantime.

If you are a professional working yourself sick in order to make a big salary: Just stop. Nobody is forcing you to work such long hours. Maybe you will only be rich, as opposed to superrich. But you’ll be O.K.

If you are a homeowner with a huge mortgage that you took on in order to live in the very best neighborhood: Just stop. There is no law that says you have to live in the most expensive ZIP code you can afford.

Because, you see, nobody is making you do these stressful, expensive things. It is not a trap. It is a choice. If you don’t want to be stressed out, stop making decisions that will stress you out. It is probably true that rich Americans are making decisions about their lives and their children’s lives that are resulting in more stress and more spending — and so more stress. But it is also true that they could be making different choices. They are not powerless.

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