If a person is smart enough to receive it And this can't be the case, at least not in the sense that colleges can offer education at the caliber they once were

If a person is smart enough to receive it And this can't be the case, at least not in the sense that colleges can offer education at the caliber they once were when only educating 25-30% of the population 70+ years ago. Academic ability, like most other traits, exists on something close to a normal distribution. Not to mention the failings of the secondary education system feeding into it.