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Fair do's Squire.

It makes people more likely to end up in the upper echelons. But more suitable ? Not from what I see.

Why would anyone accept that ?

You can look on that as doing the minimum. It shows they are not serious. If they wanted the best they would make radical changes.

You made the point far better than me.

To a degree (pardon the pun). But it seems that the process is designed for students from the private sector. If they really want the best students - they could overhaul their admissions process.