Are engineering students or students of any stream, brainwashed to be over competitive for the sake of jobs and career?

Brainwashing with the help pf presentations, seminars, showing possible perks and everything other you can think of?
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This question was asked because a 3rd year student from an affluent family committed suicide by jumping from 8th floor of his apartment building, in this week.

He was sorry for not being good in internship and therefore was not sure about the placements.

He was studying in a really reputed college. Hence what was the factor that instilled the really high expectations for placements in a 3rd year engineering student's mind. I am also a 3rd year student, hence I am trying to figure it out.
Are engineering students or students of any stream, brainwashed to be over competitive for the sake of jobs and career?
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