There is a reason for that bias - and that is credibility of the candidates. Imagine, in a pool of potential hires, having to shuffle through 90% chaffe to get

There is a reason for that bias - and that is credibility of the candidates. Imagine, in a pool of potential hires, having to shuffle through 90% chaffe to get to the 10% grain in a humanly impossible timeframe. Elite institutions solve this filtering or shuffling problem to a large extent - which is why people who are after credible talent go to elite institutions, pay whatever they heck the institution demands and get the required candidates. With the changing times, many startups are getting into the recruiting space and helping such companies as google choose credible candidates without the elite institution tag.