That’s not to say it’s impossible to succeed in adverse conditions, but it’s inane to pretend conditions are on average not more adverse for certain populations.
There’s a fundamental question of identity some colleges are struggling with. To put it in exaggerated terms - do they want to be ivory tower institutes of learning, or do they want to be a kaleidoscope of all of the next generation who do not want to go on to trade work?
For people who want to go to college purely for rigorous academic study with the brightest young academic minds, this is going to be a shift. The populations will be formed less so based purely on that narrow selection criteria.
It’s a progression which has been happening for decades, but as it seems in many things, the rate of change is accelerating.
Will it? The academic cheating scandal and what we know about legacy admission tells us that many prestigious colleges very decidedly don't put pure academic rigor above all else. I've heard tell that getting into Harvard and surviving its social scene is harder than actually graduating from it. Anecdata, but of all the big-name schools, I've only heard of a handful that deliver on their "chew you up if you're not intellectually ready" reputations: MIT, CalArts, several UCs... That's about it.
I'm of the opinion that the radical and purposeful shift we should be moving towards is one of parity in rigor and support for all students passed a certain level of demonstrated competence. Then, lottery.
Removing standardized tests removes a useful metric admissions can use to analyze applicants as part of a holistic process. Is it a perfect metric? No, but the scores are good predictors for diligence which is crucial for college success.
If you need to go to college to develop fundamental critical thinking skills, then something is very, very wrong with your basic education system.
Wouldn’t it be more optimal to develop those skills from the beginning of life, through the family, bolstered by a rigorous basic education BEFORE you start college?