Hey guys please clearify me on one thing. Does it really matters which university you graduate from? It is wise to choose better university? or it doesnt even matter since graduation is the most important thing no matter where you go. What are the benifits of graduating from the reputed university upon graduating from any short of not so popular university?

Actually i am planning to join university soon thats why its getting hard for me to decide where to go. I got two options right now. I can eather stay around hear and join ok kind of university and enjoy my financial freedom as i got job and every thing over here or look out for a better university and leave everything behind. Please guys share your views.