Not only that but as far as higher education goes how are you even trying to compare to "what used to be B or C knowledge"? What in the 70s was graduate level transistor research is basic undergrad course studies, for example. Introduction to programming would have been on punch cards in the 80s, today's students are using python. Are you surprised that they do better given the advances in tooling?
The "kids these days" argument is so, so tired and honestly every time I see it Im not surprised so many of the old guard (rich off of just being in the industry during the dot com boom) think they're being targeted for "age discrimination".