Why should we care that fewer Black and Hispanic students will be admitted to elite schools? The answer is simple. The economic ramifications of lower numbers are real. This is not conjecture on my part. An incoming professor at Princeton University studied what happened to Black and Hispanic students after California banned affirmative action in college admissions 25 years ago. The punchline? Black and Hispanic students do worse economically and educationally, while white and Asian students are no better off.