I've done my MS from UT Austin ... and been here for a while now... never heard this before. As a matter of fact, if you want to enter the tech industry in a non-tech function (of course !), UT austin would be an excellent choice (IBM/Intel/Dell/***com/ you name it) are here, and they more than welcome int'ls, they are so used to us on the tech. side.
That said, have not done a lot of research on the school otherwise ... I'll probably do a part time here if I do not get into any of my target schools.
And I have to say that the international office at UT would perhaps be one of the best in the nation. They really work FOR the students, and find ways to help you, have had first hand experience with this. Other than that, Austin is a lively scenic town with hills n lakes with a nice community feel to it, and people are great, (in stark contrast with the rest of texas) that I'd hate to leave.
Thats more than what you asked for, but i'm just emotional about Austin ..

but not so excited about the school and tech. (anymore) ...