The main purpose of this paper is to examine the feasibility of the College Multiple Entrance Program that was carried out by the Ministry of Education since 2002. As one of the major programs of educational reforms in Taiwan over the last decade, College Multiple Entrance Program intends to establish a diversified, autonomous, and flexible higher educational system that wil be capable of fulfilling the functions of modern education. This paper highlights several controversial issues emerged from the implementation of the new college entrance system including cost, social equity, and testing procedure. It is suggested that strategic and technical changes should be made to strengthen the applicability of the College Multiple Entrance Program.