It's not a competition... To acknowledge one problem does not mean ignoring others. There is very real discrimination against people of Asian heritage in the US college system, with very similar parallels to discrimination against Jewish people in the past. To pretend this doesn't exist does all of the real individuals who've experienced it a disservice, as it would be a disservice to pretend that the extensive, institutional racism against black people is no longer an issue today when it clearly is. These are all problems worthy of attention.
Source: https://www.nytimes.com/2014/11/25/opinion/is-harvard-unfair... "A similar injustice is at work today, against Asian-Americans. To get into the top schools, they need SAT scores that are about 140 points higher than those of their white peers."
Edit to add: I don't know what the solution to this is, or what should be done. I just know if I was one of those people rejected, I'd feel pretty bad. And as a privileged majority, I want to be judged on my merits, I don't want to benefit from racism or xenophobia, if someone is better than me then they deserve my spot. And I've got to speak loudly about it (even though I'd much rather stay out of political discussions online), because to do otherwise is to passively accept the advantages given to me by this institutionalized racism, which is almost as bad as explicitly endorsing it. We've got to acknowledge it, talk about it ...
Second edit: One very actionable thing is to make clear issues of access and discrimination are important issues when your college comes calling for donations. Ask them for their statistics, what their plans and intentions are. If enough people did it, this would matter. It would make a difference.