That biases admissions for people who can afford extra tutoring and preparation for the test.
[edit: seems I was very clearly wrong about this]
Got any citations to back this up? Or just feel like grousing about millennials?
Being part of the 0.025% isn't impressive to you?
Goodhart’s Law is the opposite of true in quality control. What gets measured gets managed. Manufacturing defects in semiconductors, automobiles and I presume, most everything else have been trending down for decades. Businesses have KPIs for employees for a reason. Monomaniacal focus over a long period on one measure may not be the best idea, but it’s a great tool to have.