Critiques the College Board's report, "Reaching the Top," suggesting that it is well-intentioned but wrong to those committed to public policies that are not based on race or ethnicity. Calls the report's ethnic categories stereotypical and imprecise, suggesting that it is rooted in an erroneous faith that schools are the solution to ethnic and racial equity. Asserts that the sub-cultures of disadvantaged and poor minorities are more important. (SM)