More Testing? When Will We Ever Learn?

Just when I thought the educational world was waking up to the idea that mass testing was a bad idea, I saw this:  

https://static.politico.com/2d/c3/f09418174eb59ea71e4935bb8424/preact-announcement.pdf

It appears that ACT is launching a pre-ACT which I assume if the ACT equivalent of the PSAT.  

The creation of a test like this is costly. So is the testing to determine its merits.  Taking the test is costly. Preparing for the test is costly.  If the test is being used to determine readiness of the ACT or readiness for college as is suggested, then surely we are off on the wrong foot or the wrong trail or whatever is your preferred metaphor.

Quite smartly, a goodly number of colleges are moving away from standardized tests as part of the admissions process, a sign I hope that college admissions will itself be reforming how it does its work.  If we add a pre-ACT, isn't that a move in the opposite direction?  And, this is yet again another multiple choice test and even for those who prefer ACT for a number of reasons, why add another test?

Money could be one reason. Money for ACT. Money for the test preparers.  Money for tutors.  

Can someone share even three good reasons for why this new test makes sense and money cannot be one of them.  Perhaps someone will say practice opportunities that are not shown to colleges; OK, what about the test prep books? They have mock tests.  Tracking the press release, perhaps someone will say it gets kids ready for the real test by giving them a similar test in a similar setting. Really?  We can't simulate that already? Based on the press release, perhaps someone will say that this will weed out who is and is not ready for the ACT through the pre-ACT.  And then what?  We tutor, we drill to the test, we decide the low scorers are not college material and we track them in lower level classes?  I can't see that we can afford individualized education and tutoring and family support or therapy to remedy the ills that befall the poor performing kids and account for the low scores. 

Look forward to your three good reasons. At present, I can't find one even.