do graduates from there have better prospects than graduates of 'University of X, YZ'?
Yes, they do.
There are basically three tiers: the elite (top 10-12 schools), the middle (top 50-100 or so), and the don't-bother (the rest).
What about the top 13-49?
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
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