I've owned several cars, but the most expensive, shiny, sexy one cost $2.4k.

The idea of being a child having $10k spent on me just for summer fun is mind-blowing.

That feels luxurious to me.

I am under the impression that most parents who send their children to university in the US have to scrimp and save to pay for it. Like it's a really big deal. Sometimes only one child of two can go, because there isn't enough to pay for both. So it's not likely there's a lot of cash readily available for summer fun for each child in the years leading up to it.