No, you're putting words in my mouth. There is real hope, and they probably won't kill themselves. But there is a very real chance of failure, pumping them up with false hope is doing them a disservice.
A CS degree in this job market is about as valuable as a degree in philosophy or women's studies. I wish someone could have told me that years ago when I decided on CS.
If you can afford to get one of those degrees, that's great, but most of us have to work to support ourselves. I thought I was going to be an engineer and help support my aging parents, instead I have to listen to them cry as I beg them for rent money.
One of my good friends graduated with me in the CS/SE program, he also couldn't find a job. He killed himself a couple years ago. I often wonder, if someone had warned him about CS, would he still be alive?