There’s more too it that that. There are advantages to wealth that go beyond encouraging children to study instead of partying. Things like going to a good school, not having to work through high school, not dealing with money stress in general.

And I don’t know that we necessarily want to encourage people to “sacrifice their teenage years” by rewarding people who do so. I did well on the SAT, and I didn’t spend all my time partying. But I definitely don’t feel like I sacrificed my teenage years.

I certainly don’t want my children to look back on their childhood like that.