This is just more stupidity, presumably by those who do not have high SAT scores.
While I had a decent score, I will never forget getting my first job on a trading desk out of college. The recruiter didnt want to see my resume, just asked my gpa and SAT score. When I replied truthfully, I was told it wasnt good enough and was completely blown off.
When I called back 2 days later and gave my "new" nnumbers, GPA + .3, SAT +100, my resume was then accepted and forwarded to the firm, where I ended up getting the job and beating out other "more qualified" candidates.
The true problem is that people are lazy, that we live in a cover you ass type society, and no one knows how to make qualitative decisions anymore.