Wheaton College, IL is a good example of a school that is both fundamentalist and strong academically (US News #61/223, National Liberal Arts Colleges). Duke and Georgetown are terrible examples! Both maintain loose church affiliations, but I doubt anyone associates a degree from either school as suggesting anything religious. Would an employer balk at a Wheaton grad? Some might.

I agree with AAM that the big problem with a school like Liberty University is that it doesn't strike a balance between academics and religion. If the academics are terrible, that will be a problem for employers. Same issue with scammy for-profit schools.