Being of college age I can definately agree that cigar smoking gets quite expensive for us younger BOTL. I've been pretty into cigars for the past couple of years and had really gotten used to having one after work and a couple on the weekend. Then all of a sudden the enjoyment just started kind of fading. Soo I'd mentioned some time back that I really wanted a pipe but could never see spending the money to buy one so my girlfriend figured it'd be a good gift and it was. Ever since I got it there's been no better time than the hour and a half I sit outside drinking a cup of coffee and just kind of well... enjoying not having one single care in the world for that little bit of time. Not to mention I can pack a bowl in the car (not while driving of course

) and enjoy it all afternoon. Another great thing has to be all the different blends out there and unlike a cigar, it doesn't cost 10 bucks each to try them.
So yea, for me being younger part of it did have to do with money, but a big part of it just had to do with being willing to do what I enjoy without really worrying about whether or not people are going to walk by and go "haha look that guy looks like an old man" or whatever.
So I don't know, maybe they think it's just cooler to smoke cigars, or they dont have the gonads to just try something new. For me I just realized hey I have everything I could want right now in life, why worry about stuff like that (although I have to admit, I have thought about this same thing and also like pictured an old man smoking when I see people with a pipe).