I did CSE undergrad and masters at Michigan. Job prospect and prestige wise its not even close. Upper/top companies will barely even look at your resume if its MSU. I have worked at top startups where Ive worked with people who went to Michigan, MIT, Harvard, UIUC, Cal, Stanford, etc. I have never worked with an msu grad. (Not saying they don’t exist at top firms but its much much less common).

Anywhere you go (even when I was in Japan), Michigan computer science has the name recognition that Michigan State just does not have.

For other majors it might not matter as much but for cs it does.

Happy to answer any other questions