That's very unfair. The education was free for all, there was significant investment in education, 90% of schools in my rather ancient city were built during Soviet time, not before, not after. Same for university campuses and hospitals. That systemic investment into education along with state-wide industrialisation eventually paid-off. There were wide-spread programs how for example factory worker can get a higher education while still being able to provide for his family.
Invest in a small elite and let the rest starve was more of a motto of Russian Empire, where most of people couldn't read, yet there were some technological achievements nevertheless.
"New boss... same as the old boss." as they say. This is true for most regime changes in history. Those in power change, and their motivated reasoning may change, but the net effects on those down the stack is pretty much the same.
I would say that Russian Empire and USSR were similar in the methods of achieving their goals — a lot of rigid hierarchical structures, top-down management, a certain level of brutality. But the goals were very different.
Invest in a small elite and let the rest starve was more of a motto of Russian Empire, where most of people couldn't read, yet there were some technological achievements nevertheless.