I see a lot of people writing inspirational stories of networking and I just want to be honest with all the users on here. Those stories, are RARE. Everyone in my group goes to a target school, knew someone within the group, and/or has an insane story. Also, the group likes to recruit from its intern class so FT hires come few and far between AND unless you have actual relevant experience or get pretty senior in another group then it won't happen and even then it's still unusual.
Edit: Since people are thinking I am trying to crush dreams, let me clarify. My point was to let people know just because you did not get the internship/job does not mean you are an excellent candidate because I have definitely been rejected and got the feeling that there is something wrong with me. So, if anything, the post is meant to be painful honest and comforting and not discouraging.