Sounds like the 21 Jump Street remake

When I was in school, kids called things gay as an insult. Nowadays kids call things gay as a compliment.

Imo, a movie that accurately depicts the social atmosphere of a modern high school would have bullies from the 90s crying in a corner. High school kids today are fucking brutal with their insults. Also school shootings would have them horrified, because they wouldn’t have seen coverage of Columbine