I think this is true too, provided the school actually produces a good quality education. As someone involved with hiring, the college's do tend to produce much better candidates than the cheaper alternatives for software engineering for example.
It's true, even if you go to the big University you can usually take credits at a local community college also and transfer the credits to the university. You get the degree with prestige and save a bunch of money and smaller classrooms.
I do believe that science as a process can yield results and answers and I also agree that it can be perverted by people with power (like all things).
I believe that science will survive liberalism.