<p>An article in the NY Times...When Money Changes Everything</p>
<p>From the article...</p>
<p>"Economic barriers to friendship have come about in part because other barriers have been broken down, sociologists say. College, where people form some of the most intense friendships of their lives, is a melting pot of economic differences. Students from country-club families and those on scholarships are thrown together as roommates, on athletic teams and in classes.</p>
<p>"There has been an incredible expansion of higher education," Professor Conley said. "More people from more varied backgrounds are going to college. There are also more meritocratic admissions among elite institutions." </p>
<p>According to data compiled by Thomas Mortenson, a senior scholar at the Pell Institute in Washington, 42 percent of young adults (age 18 to 24) from the bottom quarter of family income were enrolled in college in 2003, compared with 28 percent in 1970. Enrollment for students from the two middle income quarters also increased. Participation of students from the highest-income families changed the least, with 80 percent attending college in 2003, compared with 74 percent in 1970.</p>
<p>And this...</p>
<p>"The pressure to fit in economically can be especially intense for teenagers and young adults. Marisa Gordon, a 27-year-old account executive at a midsize Manhattan advertising agency, recalled that as a student at Syracuse University, her roommate resented that Ms. Gordon had more spending money than she did. The roommate made comments when Ms. Gordon brought home a pair of Diesel sweatpants and cried because she couldn't afford the same Issey Miyake perfume. </p>
<p>Though she and the roommate are still friendly, Ms. Gordon said money issues contributed to the fact they aren't as close as they once were. Now it is her younger sister, a freshman at Syracuse, who is feeling the sort of competitive pressure Ms. Gordon's roommate felt. The sister recently asked their parents for a Louis Vuitton bag, Ms. Gordon said, because, "Everyone at school has a Louis bag." </p>
<p>I think Syracuse is out. :)</p>