I somewhat agree with the first part. That's why most of Harvard's black students are first or second generation African immigrants. I have Nigerian friends who joke about being Nigerian princes because, well, they kind of are.
The second part assumes class is the only disadvantage. Perhaps preference for poorer student is the only type of affirmative action accepted by both major US political parties. And I agree money solves a lot of problems, but it doesn't fix every race and gender issues. The best example is all of the famout actresses bringing awareness to sexual assault.