"Universities, however, are in the business of truth. "
Ya got the "business" part correct. They are all about money these days. But the "truth" part? Well, only if it doesn't get in the way of their left-wing political agenda or that "business" part.
The arts and social sciences suffer from a great deal of nonsense. However, the physical & biological sciences (including modern medicine) in American universities today are truly a paragon of what universities should produce.