kids as status symbols is a bold statement but its a pretty accurate picture according to instagram.
then again, social media can hardly be trusted, but believe me when i say that i have multiple friends who buy their kids jordans every year so that the family matches, they do professional photo shoots even though they own fancy cameras themselves, the kids each get an iPad upgrade yearly so as to stay up to date with technology, they take vacations to hawaii or another beach destination every year though they live in a beach city, and they have yearly disneyland passes though its a 3 hour drive away.
... and when you ask about college funds there's no comment. they don't even want to think about it.