No not everyone, because every parent can’t afford giving donations or don’t have enough contacts to get their child into MIT main campus.
For ex. In Manipal if there are 200 seats for CSE, then they wont exceed the number of seats or cheat you by showing false number, but out of those 200, there would be 4–5 people who may have got admission by donations or contacts, but still MIT is far better than many other institutions like Thapar, VIT and many more bcz these provide 800 and more seats for a single branch like CSE, which directly shows that they are just behind getting students and at last u only think how will they provide jobs to these 800 CS engineers and to others students of different fields and that too during these times and they show 100% placements at last and reason being companies like TCS do mass recruitments at 3lakh PA package