Do elite private colleges discriminate against Asians?

This new Princeton study covered on US News and World Report says so.

Highlights:

• Translating the advantages into SAT scores, study author Thomas Espenshade, a Princeton sociologist, calculated that African-Americans who achieved 1150 scores on the two original SAT tests had the same chances of getting accepted to top private colleges in 1997 as whites who scored 1460s and Asians who scored perfect 1600s.
• Deborah Santiago, vice president for policy and research at Excelencia in Education, noted, however, that other recent studies have shown that many well-qualified students who come from low-income, African-American, or Hispanic families don't apply to elite schools. So the few who do apply are likely to have better odds.

• Espenshade found that when comparing applicants with similar grades, scores, athletic qualifications, and family history for seven elite private colleges and universities:

• Whites were three times as likely to get fat envelopes as Asians.
• Hispanics were twice as likely to win admission as whites.
• African-Americans were at least five times as likely to be accepted as whites.
• Athletes were more than twice as likely to get in as non-athletes with similar qualifications.
• Students from .private high schools were twice as likely to receive acceptance letters as similar students from regular public high schools.