Collocations for privileged - adj.

be, feel
consider sb/yourself
I consider myself highly privileged to have this opportunity.

extremely, fairly, very, etc.
highly
uniquely
a uniquely privileged position in the American workforce

quite, relatively
economically, socially
She came from a socially privileged background.

Privileged is used with these nouns:
background, class, document, elite, position, status, upbringing, youth