I don't think that's generally true. YC is very well respected in a very specific niche of tech, while H/M/S have much broader name recognition in tech generally. Depends to some extent on what you want to do. YC has great name recognition among VCs, so if you're going that route, it's a good name to have. A Stanford or MIT degree generally has better name recognition among people hiring for tech jobs, especially outside of the SF Bay Area and among people not culturally part of the "startup scene".
Yeah, I should have clarified. It's a bit uncertain if YC > HMS to hiring managers at companies. YC is definitely > HMS in the startup and raising VC world.
However, engineers and recruiters at the top tech companies like Google/Facebook/Amazon/Microsoft have definitely heard of YC.