[mindcrime]

I filter far less aggressively, somewhere around the top 50-100 school mark. We both filter on GPA about the same.

I can't see how either of those things is even slightly relevant, at least in isolation. The school someone chooses may reflect a great many factors, and it's entirely possible someone went to Midwest Tennessee State Agricultural and Technical College instead of Harvard, even if they could have been accepted by Harvard. Who knows, maybe they didn't bother applying to Harvard because they thought they couldn't afford it, or the wanted to stay close to home for family reasons, etc.

GPA? Feh... how do you discriminate between the guy with the 3.8 GPA who took Underwater Basket Weaving and other throwaway classes for all his non-major electives, and the guy who took String Theory, Quantum Electrodynamics and Abstract Algebra as electives?