Epistocracy, no thanks. I don't think that recognizing someone's intellect or wisdom goes hand in hand with agreeing with their every sentiment. It would be pretty silly to dispute the intellect of a man like Einstein, but that does not necessarily mean he was right in all of his theories. Same for wisdom: Plato was a very wise man, but not always correct in his theories. However, both Einstein and Plato were
closer to any sort of truth about science and philosophy, because they were highly intelligent and educated persons. The point is not that uneducated or unknowledgeable people can't be wise, but that education and knowledge increase the wisdom of most, though admittedly not all, individuals. Knowledge expands your horizons. It moves you from group-think and cliche's to more global perspectives and the ability to grasp the big picture. Just like any other skill or ability, practice and knowledge makes you better. I may have a natural talent for the piano, but only practice and classes are going to make me better at it. And if I never had talent at the piano, only practice and classes are going to make me even passable at playing. (And again, I can recognize the musical talent of many artists without thinking that they sound very good or that they always have very good ideas while playing.)
As to the civil rights of the individual without education: I agree that this is the main problem with the whole concept of keeping democracy in the hands of those who are educated. However, I do not think the ethical dilemma can be dismissed so easily out of hand. If the majority of uneducated people are voting in favor of racists and those who would intentionally harm certain populations, then their individual rights may be at odds with the rights of others.
The only thing my position presupposes to work well is an education that emphasizes critical thinking over indoctrination. But I would argue that even the most indoctrinating education is better than none, because it is always giving you more tools with which you might be able to see through the propaganda. You can see China struggling with this tension throughout it's regime's history and today--they want to have educated people, and to have a boast-worthy system of higher education, but it's hard to maintain their rigid system of propaganda at the same time.