Any kid with an excellent (but not necessarily perfect) SAT score will likely be able to complete the coursework and graduate. After that point, why not judge on other aspects of the students lives? Test taking is a skill and outside of academia, not terribly useful.
But wouldn’t that cease being the case once scores are not taken into account? Presumably (retroactively speaking) I could have applied or my friends could have applied... now if they do a random selection they could get one of us...
This would actually be a reasonable way to go. Set a cut off ACT/SAT/GPA and just do a lottery for kids that are above it. Actual fairness. Of course thats not what HPY + Stanford etc. are interested in. They are still just finishing schools for the elite. If you want actual meritocracy go to MIT or Caltech