I think it depends on the project. There is nothing about going to MIT that makes me think you know anything about k8s, openai's API, or running a startup. I would prefer to see what actual work experience the team has(founded company x, veteran PM at FAANG, etc). If they have no experience I wanna see existing customers. If they have none of that I would focus on the product, as this is like a teenager listing their chores as work experience.
> There is nothing about going to MIT that makes me think
That makes you think (no shade)... Question is: does it bother you enough to not proceed in engaging? Likely not. The upside is other audiences that love that kind of stuff - investors, other customers, individuals, etc.
As noted at the end of my comment, I do think it's negative. If your achievements peaked in undergrad that looks bad. Investors do care about this stuff, but that should be in your pitch to them, on your resume/LinkedIn, etc. Your site should be for targeting customers.