After you work with a few MIT grads and Stanford Comp Sci. PhDs you realize that they're not that special. Their pedigree does not measure how well they'll do as a startup founder or software developer per say. It's about your drive, direct skill and ability.

One University of Toronto Math postdoc I talked to in the airplane shuttle back to Palo Alto, and now works at stanford says that Stanford Undergrads have about the level of difficulty at the UoT students, except they do more extra curriculars. It might be related to the weather.

University degree Brands are cheap and lazy filters, and on top of that, their a branding upon people, one of the most inconsistent 'products' in the world. Degrees indirectly correspond to the persons ability and the amount of wealth their family has. Don't look at them more than that.