Who on earth is letting you manage and hire people? You don't think the overall quality of someone's education has an impact on their performance in a job? If you're talking about senior roles, fine. Entry or lower management roles? Yes, that shit matters.
We were hiring entry level folks for the same analyst position for years at a start-up. The role required very little knowledge or experience but involved complex problem solving in a truly chaotic environment that involved 70+ hour weeks for years. The role also required self-management to some degree. We rewarded that with low pay. Oh, and also, the right person would basically learn what MBA schools teach, but like 10 times over and many successful in the role went on to accelerated management or founder careers with success.
What we eventually learned was that a few schools, or groups of schools, had exceptionally high failure rates and we chose to just stop hiring from those places out of necessity. LSU, Stanford, and non-Penn Ivy schools were the main ones. LSU because the people we kept getting from there were too stupid to handle the work, simply put. They also were not given the tools in college to understand how to be proactive for their own growth and learning in a business setting. It was unbelievable how consistently bad those employees were. The non-Penn Ivies and Stanford because they were far too entitled and educated in theory versus actual business world understanding. Those folks needed to go into consulting or a Wall Street management program. Once we applied that filter, 1 year retention in role soared.
So, yeah, you're absolutely full of shit if you don't think quality of degree earned matters.
The best workers who went on to further success were not UT people, btw. We had plenty of UT people do well, but plenty failed out due to the same entitlement shit as the Ivies. The best group, by far, were UH grads. I've seen that playout elsewhere over the years as I've gotten older and hired for various roles or partnered with various people and teams.