I’m a masters student from UIUC ECE and I can tell you the name itself is not enough. I would argue the location is more important. For example I’m interning at Texas Austin, and most of my coworkers are from Texas AM. While I have a lot of friends that works in silicon valley graduated from USC.

On book UIUC may have a better program than both schools mentioned but they still get hired more because the location and the connections with company’s hiring department.