Yes. This is the plot to many movies.
Having extremely large expectations with a child can go different ways depending on the child but either way it becomes a burden.
It disenchants their lives and own aspirations and dreams and goals to set them on a self-sacrificing mission to please their parents.
While all parents have dreams for their children to succeed, when the expectations become overbearing it can appear to the child that their parents love is conditional upon succeeding in these expectations.
This has the potential to cause depression, suicidal ideologies. Should the child rebel against these expectations not only is there potential to be bad for their well-being, they also may get a later start in life because they will have a late start in realizing their own dreams and thus reraising themselves from scratch to achieve these goals.
There is a book called SELF-ESTEEM, ASPIRATIONS AND EXPECTATIONS OF ADOLESCENTS WITH PHYSICAL DISABILITY
Which examines the differences between expectations of disabled and body-enabled children where they found there was a significant negative correlation for the able-bodied children with high expectations.