I've only ever been to 'average schools.' With no data to back up this claim, I'd be willing to bet even the worst students that graduate from top schools are still better than the lower end of average from average schools, because the barrier to entry (and continued attendance) at top schools is higher. I'd also not be surprised if your claim of top school graduates being less honest were true, for the same reasons.
If I were in a position to interview and hire someone, graduating from a top school would at least garner some attention, assuming the degree was relevant, but it's not a 'free pass' through any of the steps of the interview process, and may even earn them a more critical assessment in the implicit 'culture fit/personality' category.
This is just my opinion on the matter, not trying to make any sort of factual claims.
> I'd be willing to bet even the worst students that graduate from top schools are still better than the lower end of average from average schools,
That may be true, but likely both of these have poor GPAs and thus are filtered out anyway. Usually you'll be evaluating candidates with at least a decent GPA.
I'm not claiming the average is the same between the two. But when there are a lot more average schools than top schools, chances are that numerically most good candidates do not come from top schools.
When I look at resumes of new grads, I ignore the school altogether. GPA has to meet some not-high threshold, and then it's just a peek at interesting projects they may have done.
If I were in a position to interview and hire someone, graduating from a top school would at least garner some attention, assuming the degree was relevant, but it's not a 'free pass' through any of the steps of the interview process, and may even earn them a more critical assessment in the implicit 'culture fit/personality' category.
This is just my opinion on the matter, not trying to make any sort of factual claims.