According to this, all the programs in PA have an acceptance rate of ~50% (in many cases higher), even Arcadia which is the top program in the region http://www.careeroverview.com/.../physical-therapist/. At TWU (the school I have a breadth of experience with) the acceptance rate is around 55% http://www.twu.edu/.../entry-level-dpt.asp. USC, which has had the #1 ranked PT school in the nation for almost a decade straight accepts ~10%, which (according to their statistics) is less than half of pretty much all other top-20 programs http://physical-therapy-schools.findthebest.com/...thern-California-USC. If those numbers scare you away good luck with graduate work in any field because comparatively it isn't that competitive (for example, my PhD program accepted 16% of applicants in my class). If you are a decent undergrad student and want to pursue PT, great chances you'll be accepted somewhere.

Not trying to start an argument, but the statistics clearly paint a different picture than your opinion. I wasn't interested in the PT route, but it can be a great field; one of the most financially successful people I know is a PT (although he now owns three massive practices and doesn't actually do any PT anymore).