[bonoboTP]

> University is just an overpriced IQ test anyway.

Only from the point of view of employment market, and only when job skills and university material are widely disparate. (But universities do have a role beyond the employment market.)

> To fund this delusion we would then have to make university available to everybody,

Do you mean university admission or university degrees? In many European countries admission is unlimited. For example several German computer science programs are open to anyone for free, with no SAT-like test requirement to get admitted. Whether you'll pass your exams is a different question.

And arguably if it's all about IQ testing, it should be for free, so you filter for high IQ instead of for kids of wealthy parents.