Thank you for the reply. I'll rephrase.

I assess that the following statements are true, please correct me if I am wrong:

-Based on your writing samples, you personally are probably capable of handling the academic workload at a high prestige college.

-You are typical in terms of ability in comparison to your peer group

-Race and geographic location may be working against you and your peers in your admissions process

-You and your peers will find yourselves scattered to the four winds attending less prestigious universities that you're not particularly happy with.

In light of the above, I suggest that you should look into founding (or taking over, I don't know what the community college landscape looks like where you are) a community college explicitly to serve the interests of members of your community affected by the above truths.

You have the most important ingredient for a successful college, which is to say, you have a cohort of motivated learners. From a business and legal standpoint, founding such an institution is an attainable objective. You are right next door to a lot of companies that need talented people, these companies could be persuaded to invest in infrastructure for churning out a future talent pool. You have enough money in Fremont (pass the hat, do a lottery, it's there) to rent property, hire instructors, pay for subscriptions to professional journals, and probably build a lab or two.

If you're not going to get the 'big name', stay local, work within your own community, and build something better.