No, but I think the point is a combination of Chesterton fence and Goodhart's law. The personal statments and the like, by becoming the primary targets, will cease to measure achivement, and instead measure wealth. So instead of changing without a plan, make a plan to replace SAT2 with something less subject to wealth
MIT is removing a test which rewards the wealthy and punishes the poor. That's good. But the other metrics that MIT currently use are more punishing to the poor, and more rewarding to the wealthy.
With the removal of this element, MIT is left relying on personal statements, recommendations, and the like. With those metrics as the targets, the kids of the wealthy will fund their child's various activities for the sake of giving them a better application.
MIT is removing a test which rewards the wealthy and punishes the poor. That's good. But the other metrics that MIT currently use are more punishing to the poor, and more rewarding to the wealthy.
With the removal of this element, MIT is left relying on personal statements, recommendations, and the like. With those metrics as the targets, the kids of the wealthy will fund their child's various activities for the sake of giving them a better application.