Top Definition
You have massive student loans and an apartment where the electrical and plumbing compete daily for the title of "utility most likely to fail catastrophically." You almost certainly don't own a car and probably don't drive. If you do own a car, it as at least 30% rust and you don't lock it because you know no one in their right mind would steal it. Nevertheless you own at least two of the following: an iPad, iPhone, this-generation netbook, nice leather satchel or silk scarf that you think makes you look sophisticated, you eat and drink out at least 5 times a week, and have opinions about restaurants you should not mathematically be able to afford. You are grad rich.
Look for anyone in their mid-20s on a university campus with a high-tech carrying case and shoes that they have clearly owned since high school. They are grad rich.
by Moiche January 14, 2011

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