All of us talking here are probably adults, probably substantially higher performing on average, living in the age of the internet where information for study can be trivially obtained, and discussing a test that was a benchmark for 8th grade education. What percent of incoming 9th graders today do you think could perform at all reasonably on that test?
Most people know that college education has become dramatically "simplified", but fewer seem aware that this is also true of nearly all of our education systems. And it's all for the same reason. When education was not required nor expected, what education that did exist was able to excel and push a group of people who genuinely wanted to learn in ways that are not really possible today, outside of things like elite preparatory academies.
And I think this lesson is extremely important when beginning to think about how education might be reformed. It's easy to say that secondary (or even primary) education should be more sophisticated, without considering the implications of that on the student body. You can't really have widespread exceptional education standards and the expectation that most people should be able to achieve those standards. This is why reforming education is a far bigger task than the current idea of 'throw more money at it' could ever solve.
[1] - https://en.wikipedia.org/wiki/Educational_attainment_in_the_...