I had two main points.

First, employers favor applicants from prestigious schools over those from less prestigious schools, because prestigious schools are more selective. That seems to be at least as true in the US as in Finland.

Second, theoretical education is more useful in the long term, because it's a better foundation for learning new skills. It can be a disadvantage when you are trying to get your first job, as you have fewer practical skills potential employers would need right now. Which is why, from an individual perspective, theoretical education only makes sense in higher-tier institutions, where the prestige can offset the initial disadvantage.