mc's situation is too real,,,
i think its because the Mc started with not so impressive Collage but trying to apply to a really high standard company, which of course has very tight competition, and he lost the competence and he got depressed by that and stop trying.
what he should do is lowering standards, trying to get into mediocre companies, then starting to gather experience and skills from there, until finally having the ability and confidence to apply for a much better company.
(speaking from my own experience after unemployed for few years and now works at a oil-based state-owned company)