THat will depend on your definition of poverty. I think You will find that what old people consider poverty and what young people consider poverty are two completely different ideas.
I personally would consider anyone a failure that works for tips. I don't care how much money they make.
And there are lots of unemployed/underemployed people out there with multiple college degrees.
And many High School drop outs who are legitimate millionaires.
"And there are lots of unemployed/underemployed people out there with multiple college degrees."
Oh yeah. I have a friend with a masters in psychology. Last I heard he was working at Pik-A-Lock.