This proposal assumes that the goal of top-tier colleges is to find the best and the brightest and give them an exceptional education, which will enable them to become even bester and brighterer. But that's wrong. The goal of top-tier colleges is inculcate people into a particular social class. Ivy league grads run the world, not because they're so much better and brighter than everyone else, but because the people who run the world were indoctrinated to believe that only ivy-league grads are capable of running the world, and so it becomes a self-fulfilling prophecy. How do I know? Because people still care where you went to college even decades after you graduate. They stop caring about your GPA, but they never stop caring about your alma mater. If it were about achievement, then where you went to school should stop mattering after a decade or two or three, just like your GPA, but it doesn't. Once a Harvard man, always a Harvard man.