Referring to something that a person might expect to be an enjoyable experience, for example starting university, a person might expect that this will be a positive experience, potentially fulfilling, satisfying, useful on a number of different levels etc. However someone might point out that many new students might experience anxiety, stress, financial problems etc, and see these as negatives. Hence a contrast between the expectation of a 'fulfilling and happy experience' and what may often - all too often means too frequently - and the reality of a possibly stressful and difficult experience.