MIT people can be very good (ob: I am an MIT people, so I obviously have a huge bias here), but they can also be way too theoretical for development work. Not t

MIT people can be very good (ob: I am an MIT people, so I obviously have a huge bias here), but they can also be way too theoretical for development work. Not too long ago, it was entirely possible to get a CS/EE degree from MIT without doing any Java or C programming, which were the vast majority of industry use at the time. PhDs, from any school, are also something I've gotten to be wary of. Of the 5 best coworkers I've ever had, all 5 had PhDs, but there is a lot of variance. Sometimes they spent a lot of time understanding one very specific problem very well, and people who have that problem should pay a premium for that talent, but if you don't have that problem they won't be worth it to you.