I dunno, it's kinda nice to get an engineering Master of Science equivalent for 600€ per year in a good public school (private school doesn't mean better school), with heavily subsided rent if you need it, then go to work and have zero debt, get social security, have kids and childcare is also subsidized, and you can't get fired without a reason, and when you do get fired you get a portion of your salary for months, which is so good that many people get fired on purpose.
I get way less than 60k gross in France, but apart from the house that I had to buy kinda small because it's close to a big city, it's nice. Many people around me have it worse, and I'm not sure if it would be a great idea to give everyone around the globe the purchasing power of an average American.