It's not an exaggeration that US propaganda is insanely powerful.
As someone who has never been to America, growing up the only thing I had to judge American life were sitcoms where the "average Joe" was depicted as having a gaint two story house and having a ton of expensive shit on a single income.
It wasn't until Malcolm in the Middle that a non-rich family was even depicted as the norm.
"We were saving that money for our kids college" always confused me as a kid though, my thought was always "But wait, what if they can't afford to save for college? Do that just not get to go? That doesn't seem right. That would be too unfair."