For many Asian-American's their children's education is a dream that they plan out and sacrifice for so that their kin can have better opportunity than what they managed for themselves. Many are tightly knit families where children look after parents or other close family members later in life. To penalise and denigrate the efforts of such families as "privilege" is awful.
Many White, Black, and Hispanic families do the same thing. It's not denigrating that sacrifice to acknowledge that being born into cohesive, supportive family that values hard work is a privilege that many poor children do not have.
Are you truly comparing the scholarship need-based policies of one wealthy, private college to a fundamental change in the Scholastic Assessment Test used nation wide ? You have a choice to apply to Harvard - there is very little choice apart from SAT/ACT for higher education in the states.