I'm curious how white (as a percentage) the school is, as I could imagine a correlation with the extent/intensity of this experience. If white kids are enough of a majority, that alone probably offsets the effect somewhat, but where white is also a local minority, perhaps the collective privilege starts to get so cloudy that the notion of "punching up/down" starts to fall apart. And substitute "straight white male" as needed, of course, although I've refrained above in order to use the words "majority/minority" in simple terms.