I am not a native English speaker, so I will start from Merriam Webster:
Quote:
Definition of privilege
: a right or immunity granted as a peculiar benefit, advantage, or favor : prerogative
especially : such a right or immunity attached specifically to a position or an office
Quote:
Definition of advantage
1 : superiority of position or condition
Higher ground gave the enemy the advantage.
2 : a factor or circumstance of benefit to its possessor
lacked the advantages of an education
3a : benefit, gain
especially : benefit resulting from some course of action
a mistake which turned out to our advantage
3b obsolete : interest sense 3a
4 : the first point won in tennis after deuce
"Advantage" is certainly a broader term - every priviledge is an advantage but not every advantage is a priviledge - e.g. one's harder, more commited training before some competition can be an advantage but not a priviledge.
My understanding is that a "priviledge" needs some society that gives special treatment to the priviledged.
Some modern societes try to priviledge the groups they believe to be disadvantaged (e.g. disability benefits).
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Let's not confuse being normal with being mentally healthy.
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