If the tests were structured so that the average score was 10 out of 100, one genius who scored 100 would be worth 9 people who scored zero.
I think this is a more realistic way to score education; would you rather have the median of the population go from grade level 7 algebra, to grade level 7.1? or would you rather have 20% more utter geniuses in your society? Both have value, obviously, but breakthroughs are made at the edges, and only need to be made once.
All this is to say that we should focus on where the returns are greatest.