I don't blame the grads themselves (other than the lack of appreciation for what is a large salary), it's more commentary on SV culture (and society as a whole) that so much absurd amount of money is just being thrown around to people in the bay area, meanwhile throughout America our healthcare system is in shambles, teachers have to take second jobs to pay bills, etc...

edit: and for the record, I'm one of those "new grads" making a self-admittedly absurd amount of money for what honestly amounts to a relatively meaningless contribution to society. Yea, I take the salary (and try to donate a good bit of it), but it still makes me feel uneasy that I'm being paid this much in the first place.