Not true. Graduates serve for 1 year just as all other men. People who graduated from colleges with military departments get the rank of lieutenant and indeed serve a few weeks, but as of 2017 not too much universities have those departments and even if they do, not every student can enroll there as there are certain requirements for health and physical abilities.
I don't think that's correct. College graduates only have to serve a few weeks, IIRC.