This doesn't sound like a great idea for the U.S. system. Students would have to pay tens of thousands of dollars and spend many precious months for an experience with a 90% failure rate. I have a hard time thinking that anyone with other options would accept that proposal. On top of that, even if you're in the select 10%, you're attending classes where almost all the other students are failing. I can't imagine that class discussions are going to be helpful for you.

If this school was free or very cheap, maybe it's an option for some, but with the way things work in the U.S., this seems more like a scam than a college.