I hire people where i work amd when i do i dont look at what school or what grades i look at all the other things.  For me getting a degree shows me interest amd enough drive to finish or accomplish something.  Its all the other work related things i use as a basis of how they apply that.  And secomd did they move up, that shows a willingness to do whats needed by that employer to move up in rank.  So its not one or the other its a combo of both.  Dont focus on grades though its overrated.