You may find it interesting to read the book Whiteshift - https://www.amazon.com/Whiteshift-Populism-Immigration-Futur... . The thesis of the book is that over time, Hispanic and Asian Americans will start to be considered white, similar to how the perception of Irish, German, and other nationalities changed in the 1900s.

I think it depends on the student making a connection with the people and activities of a school.

One of my cousins was excited to go to a certain school because of its (American) football team but he did not get along with the coach. Your child might go to what other people think is a great school but not really benefit from it.

Many people think it is harmful that people move to choose schools

https://en.wikipedia.org/wiki/The_Two-Income_Trap

What you might find curious from this book

https://www.amazon.com/Whiteshift-Populism-Immigration-Futur...

is that there is both black and white flight from neighborhoods from neighborhoods that have asians moving in. Many of those people perceive that asians are competitive in a way that detracts from the atmosphere of the school to other people. The society as a whole doesn't appear to give asians the same benefits of educational accomplishment that other people get from it:

https://en.wikipedia.org/wiki/Bamboo_ceiling

Myself I got a PhD but have mixed feelings about the academic enterprise, my son is not interested in college but instead he wants to get good at a blue collar job and I see nothing wrong with that.