Provided one can go through the silliness of fitting golf balls into planes, or going through the algorithms and data structures books from 30 years ago.
I would take a interview premised on a know, learnable challenge (even if silly) over one that exclusively relied on what college you went to.
Lets us evaluate people in real conditions and visa versa.
In Germany for example, that isn't allowed, and there is the whole insurance discussion if something happens to someone that shouldn't be there as employee in first place.
I'm laughing a bit at Germany, but Europe in general has lost the plot when it comes to innovation.