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<p>I argue that what MIT does is a meritocracy - it’s just not an SAT-score based meritocracy. Ideally, we’d have a nice standardized test score system that actually worked, and we could make the meritocracy clear-cut. As it stands, however, MIT takes a bazillion other things into account because that is how they will find the people who have actually done the most valuable things/are most likely to do awesome things. It’s the best system we can currently come up with.</p>