While there are some truly staggering examples of US college loan debt, the average loan debt at the end of a 4 year degree in the US is $26k or about the price of a new mid range car. For the majority of people, their total college loan debt is below a single year of their first year annual income out of college and certainly not 5-10x.

[1]http://www.collegescholarships.org/loans/average-debt.htm