> Ideally our fixation would be on a hypothetical institution that admits people entirely at random, and through some means (whether authoritarian, or montessori, waldorf, immersion, etc.) shows that beyond a reasonable doubt the school itself has improved the persons educational prospects.
This view of higher education as training students or increasing the socioeconomic prospects of students is fairly new and it's not working. The former view is better. College should be for academically gifted high school graduates.
At the same time, a college degree should not be required to get a good entry-level job.