Your number are correct, but you need to remember that in 2016 it was 14,000 complete (surmised) applications....that's 9,000 applicants ahead of those in your proposed system. Not to mention 2015's numbers. And how far back do you go? Those who have been applying since 2010 unsuccessfully (or earlier) would surely expect to be allowed to enter ahead of those in later years.
As for the 10% you say are qualified, I suspect that number is low. So far there is only heresy that there are a large number of applications that don't qualify and the government is never going to come out in public and tell you what those numbers really are. So far they have only said they have removed duplicate, not that there were 8,259 duplicates or that duplicates accounted for 45% of what they received. And unfortunately, the system has never been about COMPLETE applications. There was nothing preventing those 5,000 people last year from applying if they didn't meet the requirements.....It was first 5,000 applications through the door with no "next please" if someone didn't qualify.
