### Comment:
It matters for getting a job no doubt. That's because businesses are willing to overpay for prestige. Research shows they aren't smarter. More productive. Or any other reason to justify paying them more. Other then they can charge more because... 'prestige.'

### REPLY:
Yup, it’s like a brand name. I used to work for one of the largest law firms in the world and they exclusively only hired Harvard/Ivy League grads, just so they can say “we have x number of lawyers who are ivy leaguers”.  
  
 And then they’d change clients $1k+ an hour to do basic crap.

### END.