Your grandparents were idiots if they said that, which I doubt they ever did. You obviously have no education or you would know that Professionals lost their job in one day when the crash hit, with no warning whatsoever.
If Granny and Grampy called people who accepted money rather than allow their kids to starve "Losers" than Granny & Grampy are truly the most shameful people to ever walk the earth, and are nothing more than human garbage.
But again, unless Granny and Gramps and Auntie and Uncle where sociopaths, they knew better. But my guess is you made that entire pathetic little story up.