Which would point out it was harder then. Sure, there's more competition now, but just since there are (proportionately, specially) more people with 3rd degree education, having this much instruction isn't that much of an achievement.
-Harder to get to the university;
-More jobs for low degree graduates;
-Low degree graduates gained proportionally more money than today;
-Life costs = ridiculously low compared with today's.
-Any halfwit can pass the vestibular for some courses, but being admitted in Medicine, Mechanical Engineering or Automation is very hard (you'll not earn good salaries if you're a graduate in Social Sciences, anyway);
-Low degree graduates need to continue study for more 4/5 years to earn some high end jobs (or be innovative, by the way, but it holds for past generations too);
-Low degree graduates earn shit as payment today;
-Life costs = way higher than ever.
See, I still think a poor dude nowadays is more fucked than before.
But everything depends hardly on the situation, so then let me reinforce that I don't disagree with you either.
Precisely because everyone and their dog can become a medic now.
That's because less people are bare-foot poor today.
P.S.: You're ninja'd-ing me all the time with your edits, dammit