One reason schools have to de-emphasize grades and test scores in admissions is to limit the number of Asian Americans accepted. A blog post by Steve Hsu, who often writes about IQ, argues that this is being done:

Too Many Asian Americans: Affirmative Discrimination in Elite College Admissions
May 25, 2018

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Some basic facts: Caltech has race-blind admissions. The fraction of Asian-Americans enrolled there tends to track the growth in the overall applicant pool in recent decades. Harvard does use race as a factor, and is being sued for discrimination against Asian-Americans. The peak in A-A representation at Harvard, in the early 1990s, coincides with an earlier DOJ investigation of the university for discrimination (dramatic race-based adjustments, revealing the craven subjectivity of holistic admissions!). Despite the much stronger and larger pool of applicants today (second figure below), A-A representation at Harvard has never recovered to those 1990s levels.


"To see what is in front of one's nose needs a constant struggle." - George Orwell