ditto. research statistics all you want, but at the end of the day, it all depends on the person and what they do to make themselves competitive out there. i have friends that graduated from top UC schools and what are they doing now? Fucking working retail or making a salary that does not fall anywhere in the range of given statistics.
they had the mindset where they thought they could "make it" in the "real word" just because of their prestigious school, and never bothered with internships or relevant work experience. boy were they wrong.
what employers seek in potential employees (yes, by rank)
1. degree & relevant experience
2. relevant experience
a lot of what you say is true for undergrad, but with law school its not the same case.
in most law schools, name recognition can get you placement at a firm by itself, given that a lot of top schools dont even have a grading system.
if you're working retail with a J.D. from a t14, you did something seriously wrong.
My father's good friend who I talk to occassionally through business ventures owns his own Marketing firm. He told me pretty much if anyone ever came into his office for an interview and basically waved around his big time degree from a top school he'd show em the door pretty much immediately.
that's pretty cool, but it really doesn't work that way with a lot of vault 100 firms and what not.
"big time degrees", at least with regards to professional degrees, are pretty relevant distinguishing factors for hiring at a lot of places.