A stunning new report has urged US colleges and universities to study for themselves to check whether they really needed the SAT and the ACT. The fact that this report was authored by a commission headed by Harvard's dean of admissions, William R. Fitzsimmons, gave it a lot of legitimacy and visibility.
Inside Higher Ed: Dramatic Challenge to SAT and ACT.
Inside Higher Ed: After the SAT Report, What Next?
Let me quote from the NYTimes report:
... [Fitzsimmons] also affirmed what many of those present had been saying for years: that the SAT and other standardized admissions tests are “incredibly imprecise” when it comes to measuring academic ability and how well students will perform in college. He said colleges and universities needed to do much more research into how well the tests predict success at their individual institutions.