I don't mind that he says we are different from old students. Yes, we do come from more wealthy backgrounds from the most part. Even I, a son of a single mother who is an accountant, have probably had more advantages than the average Notre Dame student from the first half of the 20th century. But there's no mistaking that he did use the terms "entitled" and "had things handed to them" to describe students today and he did say that we view Notre Dame as a destination spot.
If he was trying to land a blow against the leadership at Notre Dame, he missed with those three sentences and hit the current students and recent grads.