I see nobody wants to defend the Indefensible. I wonder how many applaud the direction.
I don't understand why they can't just declare, uhh, Identify, as college graduates and get a job. If we're gonna live in a fantasy world, go big.

IDK about my heritage, but I'm comfortable with the lesbian identity.

The ramifications? Living in an insane society..
Really, people, what is wrong with looking in the mirror, naked, and accepting what the lab report would say?
You ran the DNA?
Yeah, your suspect is a white male.

Ohhh, well, must not be that guy.
Really, why not?
Well, his college papers say he's a black guy,,

A white kid, raised by blacks, might be able to
Identify,,
But it's not possible to Identity as something you aren't and have no experience with .. Why would anyone pretend otherwise?
There's gotta be an age when even the most liberal parent starts pushing the kid to knock it off with the imaginary friend..
Living in delusion isn't okay.
It's deluded to pretend I'm a black guy. It's Frikken nuts.

Instead of
What are the ramifications?
How about
WHY? Where's the benefit?

Why not an anonymous application, just a number and your gpa and the classes you want?

But that's not addressing the issue here.
This is about people who are unable to deal with obvious truths. How will they cope with the harsh realities of life if they can't even accept what they are? Are these people able to accept FACT and work with that? Can they assess a situation and devise an appropriate response
Or
Will they Declare things ARE what they really Aren't, and pretend their response will be the best approach?
It's a mental illness that needs to be called a mental illness and people who continue to make it their lifestyle to pretend what IS Not true is true need to experience the natural consequences of it. Anyone expressing such delusion when I was a young man would have been ostracized. Now they are embraced. It's a societal problem, now, thanks to
Tawlerunce.
They, the lefties who promote such idiocy, don't see how damaging this is in the long run.

I guess expecting them to be ostracized is itself deluded, because the society they are in is also deluded and willing to accept others in Their delusion so that they, too, will be accepted.

Ask the Donald what it means to lie constantly, I think it means you can be President of the USA.

“… meet Affirmative Action style quotas.  Is the college doing this or are we complaining…”

Don’t know if all are.  The one mentioned in the OP’ers, Post, is.
    (According to the post & link)
If other, collages are doing/accepting, this,
and if the students believe, that their is a advantage to be gained.
I totally believe they, WILL do it.

 “…I can't say for sure that "identifying" with some culture or gender is promoting lying by definition since the college doesn't use the application as a literal definition of the persons choice….”

Wait a min. Many years ago, I personally knew of two Males, who lived together. Each had their own bedroom, and each, Liked Girls, not Men. They both worked at the same company, they Both, paid H.I.
Then that company, said, If you were, ‘Partners’,
  (Not married, M/F, was the goal, not M/M - F/F.  
    But they did NOT   Specify, M/F, and exclude  M/M - F/F. )
You could get cheaper insurance, if you Lived together, as if it was a legal marriage.
   Suddenly, they were both, ‘gay’.  
 Which was a  LIE, which by, ‘identifying’, as such, was a advantage.

Which dovetails with the, “…Is the college doing this…”.
If their is a advantage, it will be done.

“…If I select that I identify as German Shepherd nobody will think I’m a dog…”

LOLOL, Love it.   You are right.
Even if one went to classes on all fours all the time, And jumped on people, and licked them in the face.
They would just think they are really weird, but Not a  Dog.  

Unless, their, ‘Identifying’ as a, Color, Race, Gender, Sexual preference, or etc.
would be a Advantage.   It will be done.  And will harm.
By  providing the Lier, with special privileges.