My perception is that the further you get from the time of graduation, the less it makes a difference where someone went to school. A year or two, I felt like where I got my degree might have made a difference in terms of my ability to find jobs, but coming up on a a decade since I graduated (which is a pretty small portion of what I expect will be a decades-long career), it might as well be entirely irrelevant. Amusingly, I said something similar to one of my colleagues recently when we were discussing the level of stress their teenager was having around their upcoming college applications, and they agreed, mentioning that no one cared that they didn't even have a degree, which was clearly true since I had absolutely no idea that was the case! It never came up in the past despite us chatting fairly regularly about our personal lives because it ultimately just didn't matter to either of us, and while it affected their initial attempts to break into the software industry, it pretty quickly stopped mattering even to their prospective employers compared to their actual work experience.

Obviously there are some industries where degrees are necessary (law, medicine, presumably academia, although I'm not certain), but outside of those, the limiting factors of how far you can go are independent of where you graduated from. There are some places where the initial hiring process will be mostly filtered by where someone graduated, but in the long term, most people will either hit a point of diminishing returns regardless, or they'll be able to make up the difference.

Tech might be the only high-paying (or, hell, reliably middle-class white-collar) field where this is true.