Knowledge Disbursement And How To Live

I read this: "Or elite institutions saying we are going to dispense our sacred knowledge only to the most intelligent students, thereby making them even more intelligent rather than spending energy on the many thousands who really want to get in but don't score on our standardised tests'" from 

Miscellaneous reading:
https://m.facebook.com/michaelbaisdenlive/photos/a.484907102818.265954.129930197818/10153045604707819/?type=1&refid=7&_ft_=qid.6139414159006242956%3Amf_story_key.-6820417416107198292&__tn__=E