First of all: "Game Night" rules! (No pun intended)
But beyond that? I think you've mischaracterized Gen Y,Z, and millennials somewhat. While college costs are a concern, it's been offset by the idea that Uncle Joe and his ilk will forgive that debt. They're spending the same as they ever did, just differently. Rather than acquiring things, they seek experiences.
And regarding sexuality? I just saw "Drive Away Dolls". While the main thrust of the narrative is a road trip/crime romp, there is a parallel plot exploring the protagonists' orientation. I don't know if it qualifies as "raunchy", but there is a lot of graphic content. A lot. Pushing the boundaries of the R rating. It's practically soft core. Also, while it's not preachy, there is some subtle girls good/boys bad messaging (though that may just be my take on it).
Maybe it's the exception rather than the rule, but it's fair indication that while the raunchy comedy may have changed with the times, it's not extinct. Not yet anyway.