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Yet, in reality, it's not so simple. The "cream puff shoo-ins" are both overvalued and undervalued at the same time.

As an employer I don’t even consider the university you attended. It’s meaningless to me.

Really? You don't see a different in regionally accredited or non-accredited schools?

Are you willing to interview 1000 people to find that scrappy fighter? Most employers aren't.