Does it matter where you go to college?

Check out the news story at https://sanfrancisco.cbslocal.com/2015/08/25/san-jose-state-university-sjsu-silicon-valley-tech-jobs-apple-cisco-hewlett-packard/ .

Suppose a Silicon Valley employer wants to hire for a software engineering position that primarily involves developing apps using Java and Android Framework. You have a San Jose State grad who interned over the summer. He has experience using Java and Android Framework developing apps at the company, and is known to be a good worker who gets along with the group. And you have an MIT grad who has a GPA of 4.9, which the employer believes is near the top of his class, but his resume does not mention apps, Java, or Android framework… . Who do you think is going to get the job?