The real problem is way more fundamental than this, imo the real problem is the concept of school as a discriminator of aptitude rather than an educator (or indeed as both). When you're teaching someone, teach them. Test them as late as possible, in a way as close as possible to the task you're testing them for (programming assignment completed in-house instead of weird whiteboards, piece of writing completed in house instead of screening English degree).

Hopefully micro-credentialling/MOOCs/the fact that a lot of good careers are slowly turning into software (which is one of the easiest things to objectively test) eventually kill this fake-meritocracy bullshit.

From the perspective above, this is lipstick on a pig.