In my opinion, Fortran will fall behind as newer hardware, libraries, etc, will drop Fortran support. Also, newer grad students are all much more interested in C/C++/Python. I think this is in part because the newer languages are widely used outside of science and therefore there is much more documentation and tutorials/guides. Not to mention that skills in those languages are transferrable to other areas (data science, machine learning, etc).
As a side note: Wow someone working on the ECP on HN? I'm tangentially related to the project (and just visited PNNL last week)