Does college attended help resolve adverse selection in the labor market?

If so, Deloitte may be in for a rude awakening: http://qz.com/513028/deloitte-no-longer-wants-to-know-which-university-its-job-applicants-attended/

Here is a related article: http://www.theatlantic.com/business/archive/2015/10/reverence-bachelors-degree/408346/.

Asymmetric information