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You should look at the statistics more carefully. Educational attainment means the highest degree – those with a master's degree are not included in the numbers for bachelor's degrees. Nordic countries traditionally had a system where master's (or equivalent) was the primary undergraduate degree in proper universities (or equivalent).

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I've added the Bachelor's, Master's and Doctoral degrees. Out of 38 countries that puts Iceland and Finland in 9th and 10th. And Denmark, Sweden and Norway at 16th, 17th and 19th. So primarily Finland redeems itself. (Iceland maybe not so relevant as it is tiny). The rest are still slightly above the middle. Considering these are among wealthy countries it maybe isn't bad. But for being smaller countries with decent resource and high taxes that are also deindustrializing I wouldn't say it is great.

It's been a decade since I was actually interested in educational policy and read the reports carefully. From what I remember, Nordic countries have long had higher educational attainment than most EU/OECD countries. In particular, the educational attainment that made people more likely to get a mortgage was higher (relative to peer countries) than it currently is.

At least in Finland, the educational attainment peaked with the people born in the late 70s. As higher education continues to grow in many (most?) peer countries, young Finns are no longer particularly highly educated, which may become a problem in the future.

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