That number is just plain silly. Seriously, anyone can tell if this is accurate or not simply by asking themselves how many people they know that are in this boat? I would wager NOT MANY!
Besides, I hear RAMEN noodles are still cheap and STILL fill the belly when money is tight.
Hell, I'm well off, but I still eat Ramen noodles from time to time because I LIKE them, and eating so many of them in college sort of stuck with me.