I think you missed my point by taking the example too literally. I'm saying that being well-educated (in a classical sense -- deeply knowing Latin, Greek, Philosophy, Mythology, etc) used to be considered impressive. It would dictate your value, socially, to a large extent.
That has transitioned to being good-looking, along with the amount of your wealth and how you spend it. Education and intellectual endeavors are no longer in the mix.
Because anyone can do that, it's not impressive. You don't need to have studied Latin to know a Latin phrase. We have google translate and the entire internet. It's no longer an "exotic" thing. Hell, I see people still do things like that, with Latin or some other relevant language. It's weird to think that's impressive.