Also for perspective, WF is nearly 70% white. Vandy is about 50%, Northwestern about 40%, Stanford is less than 30%, and duke is about 41%. That's pretty significant, and it's really extreme with one of the smallest populations in D1 sports.
This matters. It's always mattered, and the USNWR ranking change continues to elevate that. Wake Forest is closer to an HWCU than the median school in the country. Lack of diversity hurts the experience for students at Wake Forest, and it's a problem that is difficult to solve since it's tough to recruit a diverse population when you don't have a diverse population for them to assimilate into.