I read Modern Languages (German and French) at university in the 1960s, but I wouldn't have been offered a place without having A level Latin. It was obligatory in those days for anyone wanting to study Modern Languages. It helped, of course, for the Romance languages and explained much of the grammatical constructions in German. My limited Italian is entirely based on Latin, yet the Italians seem to understand the few words I have and I even found it useful when translating documents in Romanian!
My 14 year old grandson quite enjoys his Latin studies at school, though his favourite subjects are the sciences and Maths. I suppose it's the logic of the language that appeals. Although the school takes all levels of abilities, there is a certain amount of screening there for some subjects, including Latin, done on the reports from primary schools.
Students of Medicine used to have to have at least O level Latin - I remember a friend having to take the exam 3 times before he eventually passed it through a crammer. He's now a surgeon.