I lived in Moscow circa 1988.
I havent been there since but I have to think an emphatic yes.
Your professor probably laments that his generation, Im assuming older, has been cast adrift by the enc of the CCCP. Under the CCCP they would have been provided a small apartment and a bowl of borscht each day regardless of their contribution during their working years.
Now those generations that were not able to prepare for life post Soviet Union find themselves behind the eight ball. The social welfare net has collapsed to some degree and their futures are not so secure. They never had the opportunity to compete in "capitalist oligarchy" as they were mid career or older.
Professors also had a higher status back than now, he would just be an educator. Software entrepreneur would be cooler.
Russians that were persons of high standing in the CCCP have come here to find they have no standing. Rocket scientists, poets, scholars, doctors, highly educated for the most part find here they are taxi drivers because all their education certs were worthless here. Do I agree with that? Not entirely. Is it the same for all? No. But for a people with no training on how to sell coming to a society that is all about the sale things probably seem low and cheap.
Now younger people at least have some (some) opportunity if they are clever or ruthless enough.
Russia is developing a middle class and the middle class getting healthy and stronger will hopefully temper and demand change of some of the worst aspects of the current system of oligarchs.
Life in the CCCP was gray and lowest common denominator. As a westerner I had access to stuff citizens would only dream about. Thats messed up.
When I see present day pictures of Russia and how modern buildings have overtaken the Stalinist era constructions it shocks me. There appears to be some color and life now.
They are not an ideal by any means but what they have now is better than the CCCP.
Their leadership remains a paranoid, Machiavellian, murderous cabal but that leopard has been wearing those spots sometimes under duress, and sometimes like now, by choice, for over 1000 years. Its only within the last century that their internal intrigues have had an effect beyond their borders.
My own opinion.
Vikings, Mongols, Ivan the Terrible, Streltsy, Peter the Great, Catherine the Great, Poles, Swedes, Napoleon, Communists, Nazis, Capitalists - the list of psychosis Russia suffers is long.