An asian high school senior here. I'm currently in the process of applying to colleges. In most college applications, demographics are listed under the section where they say the information you provide won't hurt your change of getting in. I have not and will not lie about my race on any of the applications. I understand that, statistically, it will hurt my chance of getting into a top-tier college, considering I don't have perfect SAT score and GPA. But I believe that the admission officers would be wise enough to evaluate a person as a whole instead of just puting "tags" on him/her.