I can't speak for every student at every university, but my university is in the top 50 of csrankings.org and yet even in my junior-level courses there are loads of cargo-cult programming students. They think they understand things like compilers, operating systems, and so much more, and they delude themselves into having those beliefs based on things like "I'm in CS; of course I understand $THING" or "I'm at $UNIVERSITY and we've learned so much, so I definitely understand $THING". In reality, if you mention "ELF", most of them would probably think you're talking about a special type of new line, and the only thing they think "IR" could possibly stand for is "infrared"

It gets even worse when you get on the topic of "Computer Architecture" - so many people think they can talk to their computer on a deep level, without realizing that what they're learning in class (MIPS) is actually not what their computer understands!