No, the correct answer to this is "provide free/subsidised schooling to exceptional people who cannot otherwise afford it".

By the way, this is the meritocratic way because we're looking for best people, which includes identifying unrealized talent and then nurturing it.

Instead, the SJW/woke way is "reduce standards until everybody passes", literally https://www.wsj.com/articles/california-leftists-try-to-canc... (a.k.a. everybody equal, everybody stupid akin to Communism's everybody equal, everybody poor)