<p>Caltech is doing just fine. And I have heard of underrepresented minority students applying to Caltech and getting in strictly on their own merits. (I know one of the students quite well.) Where people enroll when they have more than one choice of where to enroll is a different issue, but Caltech is quite happy to use its holistic admission process (remember, it is a Common Application college, so it must have a holistic process) to identify applicants with strong ability and interest in math and science and admit them. It doesn’t attempt to have a strong football team, but then again many other colleges don’t have very strong football teams either.</p>