New federal data and a Class Action analysis show wide redistribution of underrepresented students in the first admissions cycle after the Supreme Court barred race‑conscious admissions. Among the 50 most selective colleges, Black freshman enrollment fell roughly 27% and Hispanic enrollment about 10% year‑over‑year; the steepest drops hit Ivy‑plus campuses. At the same time, many public flagships and less selective institutions saw substantial increases in Black and Hispanic first‑year students — Michigan, Mississippi and several Southern flagships reported double‑digit gains. Researchers describe a cascade effect: seats at the most selective campuses opened up when race could no longer be a factor, pushing many high‑achieving students of color into other sectors. The redistribution raises immediate questions for admissions officers, financial aid planning and campus diversity strategies as institutions reassess recruitment, yield and support for incoming cohorts.