It's a good question, but tough to answer because its impossible to generalize the behavior of "hackers". That said, I have heard of backlash against 'name-bra

It's a good question, but tough to answer because its impossible to generalize the behavior of "hackers". That said, I have heard of backlash against 'name-brand' colleges at a startup, but it was, interestingly, not by hackers but by business dev. people. I think at the end of the day, you're a jerk if you judge a person by their college. And you're a jerk if you think going to a good college actually means you're inherently more capable than other folks.