I'm not sure if a comparison to the ivy schools is relevant: yes, there are certainly more prestigious schools out there. I suppose anything depends on the job

I'm not sure if a comparison to the ivy schools is relevant: yes, there are certainly more prestigious schools out there. I suppose anything depends on the job you're hiring for, as well: they're better at finance than engineering. The us news rankings are partially based on how well-known a college is though. So, yes, there are plenty of people out there who would hire from that college over better known state schools.