It's hard to know if these sorts of exams have statistical validity. Also there is always the phenomena of the older generation to criticize the younger as not being up to the task. This has been going since the dawn of recorded history. Even still one gets the feeling that a college degree is being debased of late. A story from the NY Times on literacy of recent college grads:
"The average American college graduate's literacy in English declined significantly over the past decade, according to results of a nationwide test released yesterday."
http://www.nytimes.com/2005/12/16/education/16literacy.html?incamp=article_popular&pagewanted=print
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