My point was more along the lines of—failing a course is goes beyond being
just a "minor academic setback" for a lot of people. It's really only that if one of the following applies to you: [there are multiple thousands of dollars available to you to retake the course, you don't need the specific course to graduate and have a GPA that can handle the F, you have some sort of future worked out for yourself where you don't need a college degree to make a living]. I knew people on scholarships where an F in a course was absolutely the end of a chance at a college degree (and thus, in their minds, the end of their shot at a middle class lifestyle) because of the terms of the scholarship and their inability to pay for classes otherwise. One girl was on a particularly stringent scholarship that she would have lost if she ever earned below a B- in
any of her classes, regardless of her overall GPA—I could see her being hysterical over a C and I don't think her emotional fragility would be entirely misplaced. Her parents made too much to qualify her for government aid, but they weren't able/willing to pay for her classes.
Were people being entitled? Yes, definitely, almost everyone I knew felt entitled to a C- or above just for showing up to class every day, turning in the work, and paying the exorbitant tuition fees in the first place. But a poor grade was a multiple thousand dollar loss at best to people widely incapable of making more than minimum wage. I think the general emotional response is warranted in a lot of cases.