But then again, I never see resumes until someone asks me to do a phone screening. Even then, I kinda glance at them enough to figure out which set of questions to pull out.
So I guess that decision is made well before me. Getting to the actual phone/in-person interview is the challenging part. I've discovered it's often more about who you know than anything else.
*I have a MSc in Software Engineering but I am not a PEng
I've interviewed dozens of engineers. Never once looked at their education or gave it any weight. I assess them myself, no need to defer.
Selecting for people from schools you've heard of is probably the wildest thing I've heard in my career.
This is also why the SAT/ACT is still important in college admissions: they get a lot of applications, and they need to filter out some applicants to make it more manageable.