Yes, this is the type of hazing I am referring to. Call it "institutionalized hazing" rather than fraternity style hazing. The bar exam for lawyers is one good example of hazing. Most law grads who apply themselves will pass, it's just a form of hazing for new entrants. Other countries with common law have just as good, if not better, bars and they do not have postgraduate law degrees and bar exams to become admitted. I don't buy the "it reduces supply" either, because of the high pass rates, but even if it was used for this, it would simply be injustice. If you want to filter people out, do it before they waste three years and $150,000.