For reference this debate started https://www.wallstreetoasis.com/forums/why-are-kid...
Here's what an anonymous analyst stated as to why he/she believes yes:
"Any test that gauges cognitive ability to work with abstract concepts, arithmetic and language comprehension is essentially a type IQ test. SATs are literally IQ tests with extra steps that colleges use to gain a relatively effective snapshot into an aspect of how a student will perform, as grades and effort levels to reach them vary by school, district economic background etc. A person's score on the SAT is a better predictor of their lifetime earnings than what college they went to. That's because it doesn't matter if you went to Duke or Arizona State, more often than not if you've got a high IQ you'll make more than people who don't.
Below you also start siting work ethic as something SATs fail to measure. No shit. The test doesn't gauge work ethic, the only thing that does is being able to observe a person's output relative to effort over time. The test is fixed and remains relatively unchanged so that the only variable that does change is the people taking it, resulting in an effective distribution very similar to that of IQ. The fact that it doesn't change and doesn't wildly swing from one end of performance to the other year after year shows that it doesn't matter if you know how the test works beforehand, if you're not smart enough to perform it's still going to rank you low. People who are both smart enough and prepared enough are able to significantly outperform."
My position is no and here's my last post (response to above) as to why:
"All the SAT measures is how good you are at English/grammar and these are just rules. Granted the reading comprehension section is a little tricker but the questions take a similar form after repeated practice. The math section is just plain silly and explains full well why countries such as China and South Korea crush the US on quantitative ability. So your argument that SAT somehow predicts IQ is wrong. I know a lot of rich kids that have private SAT coaches that teach them all the necessary formulas. I have other friends who prepared for close to a year (on and off) for the exam. I have friends who weren't as concerned and didn't do as well. "
Now what do you all think?