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> having a reputable college you can put on your résumé.

At what point will firms rank new grad candidates inversely proportional to the prestige of their university?

Prestigious universities equate with more expensive candidates. Many positions probably don't demand skills beyond the ability to write mostly CRUD apps. The pedigree doesn't really matter in that case.

All companies have these roles. Somebody needs to do the mundane work.

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> At what point will firms rank new grad candidates inversely proportional to the prestige of their university?

Never.

> Prestigious universities equate with more expensive candidates.

But that doesn't mean you rank those people lower. It means you offer them the job at the budgeted salary. If they don't accept the job offer at the salary range you've budgeted for the position, then you move on to the next candidate.

This might make less sense if there's a strong opportunity cost (i.e., missing a candidate because they already accepted a job), but that's not typically the case for new grads.

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