The undergraduate Physics program is, in my opinion, heavily influenced by the working physicists in the field. Lots of physicist who work in fundamental physics is either particle physicists or work with models that are in particles. Those are the ones who teach physics in undergrad.
This is simply not true, condensed matter physics makes up the largest sub-field of physics (about half by some estimates).
I think the more relevant aspect is that to reach the frontier in a wide array of fields you a solid grounding quantum physics (and several other "new" -- i.e. within the last century or so -- topics) that have displaced more "old-fashioned" topics like continuum mechanics.
