I know a handful of recent grads from Fordham who all had federal clerkships (two circuit-level) and ended up with essentially the jobs of their choice. They were all in the top 10% of the class and came into school with scholarships and other predictors of success. I'm sure other people in the top half of the class do just fine in the NYC market, but they're certainly not at Skadden in the same numbers as CLS grads. The OP didn't seem that interested in biglaw, however. I think the answer is that Fordham is a very fine school if you are not absolutely committed to the most competitive jobs (V10, etc.)
Do you know what the starting salary difference is between biglaw and whatever the next "lower tier" is? The last I heard, biglaw was mostly starting at $145k in NYC.
biglaw firms give 2L summer associates $2900 A WEEK... A FREAKING WEEK...