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i think this is an open ended question. There really isn't any right or wrong answers.
The question will have different answers at different points.
example:
right out of collage vs. mid career vs. job field will make a huge difference.
For example, I work in Government sectors and there are a lot of people who has great jobs and pay becuase they were in the Military and have full scope top secret clearance. They will get picked up anyday over a top Ivy League school graduate with honors. The end requirement is different.
To answer your quetions, I would say that in your case it would matter to a certain degree. You are probably going to graduated or graduated already. If you were going up against someone from community college then you would get picked. Also, If I am doing the hiring, i will ask questions regarding attitute and aptitude. I would pick the right attitute over aptitude every time. You can have a smart person but if he doesn't apply himself and can't show that he's worth it, then he's worthless.
my 2 cents.
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