In recent years, public debates surrounding the efficacy of standardized testing in evaluating student performance have intensified. Proponents argue that standardized tests provide an objective measure of academic achievement, facilitating comparisons across diverse student populations. However, opponents contend that these tests fail to encapsulate the full breadth of a student's capabilities and perpetuate socioeconomic inequalities.
Your task is to evaluate the argument against standardized testing and provide reasons supporting your perspective on this issue. Discuss the evidence presented by both sides, and provide a well-reasoned conclusion that highlights your stance on whether standardized testing should be maintained, reformed, or abolished.
Note: The provided solution includes an example of a perfect-score answer and explanation. Your response will not be scored.