You make it sound like if you're not #1 in your class you'll be living homeless on the street. This is the exact type of exaggeration the article is discussing. There are many things in between Nobel Prize Winner and unemployed.
http://economics.mit.edu/files/5554
http://www.forbes.com/sites/ericjackson/2011/04/27/how-do-yo...
http://www.washingtonpost.com/news/wonkblog/wp/2013/02/28/ho...
http://www.theatlantic.com/business/archive/2010/09/the-holl...
The choice is more between "member of various elite / professional jobs" and "Starbucks"; there is no exaggeration.