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The complexity of our problems have grown. It's called progress.
But of course they still teach us that stuff in school, just as aspiring physicists still go through classical, Newtonian concepts before starting their research in quantum mechanics. But by no means is this generation of physicists less capable just because they've moved past studying the nature of gravity.
Microsoft has an incentive for providing their software to university students--specifically, their Visual Studio and Windows Server brands. They will license these out for nothing if it gets them educated, motivated developers, much like they often hand out Visual Studio disks at conventions and tech talks just for attending.