That has nothing to do with Georgetown--there are stories like that "kid" from every school. Georgetown's reputation is only an asset when it comes to finding employment, signing bonuses, alumni networks (Georgetown's Wall Street Alliance makes it one of the most represented schools among new hires, particularly in finance, on Wall Street), etc. and the career center is one of the best among all colleges. Also, Georgetown's reputation as the best university in DC (and the region) helps tremendously with job opportunities/internships in Washington, DC.
In terms of graduate and professional school admissions, Georgetown graduates do extraordinarily well. Unlike many other institutions, Georgetown tends to take care of its own, resulting in Georgetown Med School and Law School admitting many of the GU undergrads who apply. I was premed at Georgetown, and I can tell you that most of my premed classmates had numerous offers from various medical schools. Also, in my premed group, there was no one (that I am aware of) who did not get in to at least one U.S. medical school (MD program).
One reason that the atmosphere at Georgetown undergrad is so collegial and non-cut-throat is that graduates do well in the admissions process for grad/professional schools and that people are able to get great jobs at graduation (one of the highest starting salary averages of any college in the country, particularly for a school that does not have engineering programs; one of the best placement records for competitive post-graduation experiences like Teach for America, Peace Corps, Jesuit Volunteer Corps; one of the most impressive records of competitive graduate fellowships--Truman, Marshall, Rhodes, Goldwater, Mitchell, etc.).
Georgetown is a STUDENT-CENTERED university, which means, among other things, that the teaching and mentorship of undergraduates is at its core. Particular strengths at Georgetown include foreign service/international affairs and its related disciplines (economics, diplomacy, languages, government, etc.), business (particularly finance, international business), nursing/health sciences (including international health), and the premedical program. The natural sciences departments are small but incredibly strong, and with the new science center opening in 2012 will finally have the facilities that they deserve. I transferred from Duke to Georgetown, and I can assure you that the sciences at Georgetown, on the undergraduate level, are as strong if not stronger than those at Duke, especially when you consider faculty interaction/mentorship and research opportunities.
Finally, the liberal arts core at Georgetown is another hallmark of the place--courses in literature, theology, philosophy, etc. make the educational experience broad as well as deep. English, psychology, theology, philosophy are other strong departments, particularly on the undergraduate level, which is truly the school's emphasis.