I had to get a TI-84 Plus CE for a college course I took a few years back. I'm an RPN guy so it pained me, but it's a nice step up from the 1990s style TI calculators. It has a fast Z80 family processor, plenty of RAM, a decent 320x240 color display, and a built-in battery that's rechargeable by USB. Usability for everything I used it for is quite good (matrix functions and some root-finding) and almost self-explanatory.
I take it out of the drawer it's in about once a year or so and standby battery life is extremely good. It must cut off power completely in standby.
Casios were leagues ahead, tho.
https://brownmath.com/ti83/diff8384.htm#Catalog
In the Stone Age of graphing calculators (80s-90s), HP was dominant in engineering disciplines (and France).
Now I think maybe you’re confusing with the TI-85 (but the TI-86 was a TI-85 replacement and handles matrices just fine and superior to the 84) - so then perhaps your teacher had a TI-83. That would be more plausible and sensible.
It not being changed in decades appears to imply there isn't really something families see as a problem, versus others.