Someone from my no-name got into WashU. He interviewed at lots of top places and most of his interviewers had no idea where the school was. Had a 3.99 and a 39.
I heard some schools, specifically NW, are less likely to accept their own students.
HMS- the ivies are the ivies. TopSecret said, same stats, the guy from Harvard is going to get the nod. A Harvard degree doesn't carry as much weight if the world didn't know it's an ivy, and that, accurate or not, Harvard only takes the top students. Let's be honest, anyone who graduated from another institution be it Yale, or worst school in the US, could successfully complete the coursework at Harvard. The thing about Harvard, is its network. Employers know more likely than not, what leaves the school will be capable. When the first recruit from Harvard works out well, the employer is going to say "last harvard guy was good, let's go get another one." The cycle repeats.
There is a reciprocal relationship where employers, adcom, know the name Harvard and that top students go there. Students know a Harvard degree will (usually) take them further than adegree from somewhere else. The minute employers stop picking up Harvard grads, the Harvard degree will lose its value.
Here is the Jeopardy College Tournament Winners.
2009 - Notre Dame
2008 - Mississippi State
2007 - UCLA
2006 - Stanford
(2005 not listed)
2004 - Carnegie Mellon
2003 - Middlebury College
2002 - Texas A&M
The list goes back to 1989, and not a single winner came from an ivy. Yes, there are more non-ivy that ivy colleges by a landslide, but I was surprised.
http://en.wikipedia.org/wiki/Jeopardy!_College_Championship