The racism narrative is so flawed in America. Go back and look at how Chinese were referred to in early American literature and news. They were not considered equals either. But they performed disproportianately well wherever they went, and so they overcame whatever innate aversion Americans had towards them. Now there's a positive discrimination towards them.

It's been a similar case for Eastern European Jews, Russians, Indians, etc.

I don't understand why Hispanics should get a leg up in admissions just because they haven't gotten into schools in a high enough proportion. It seems to me the issue is supply side. You need to change the number of qualified applicants by convincing more kids to focus on college admissions.