I guess I don't think the SAT & ACT are all that bad. No test is perfect, but I don't see that they mislead kids by being too easy. Show me a kid that scores 700+ on each section of the SAT. Will he need to take remedial courses? No. Now he may not be able to write a really well crafted essay, and perhaps he is not an AIME qualifier, but he knows enough to get by in his introductory classes.

I really don't think that the 700+ kid is going to need "College Algebra". I guess that someone needs to tell the 500 kid that being at the national average doesn't mean he is college ready. A "good, college ready" score depends upon your K-12 experience, as well as where you hope to attend college. Even though the course names may be the same, a math degree from MIT has got to be different than one from Satellite Campus State U.