OP, I would like to challenge you to think about your statement that you are trying to go to the highest ranked school as is possible. I’m not saying that is the “wrong” goal, but college is a big decision and that approach is something to consider carefully.
Prestige is a valid factor. If I were accepted to two schools that were essentially identical for me in every respect and one was ranked #10-15 in the most widely used rankings and the other #110-115, well, the ranking and prestige of the former would probably tip the scale.
But what if someone who loved urban schools and aspired to study biology (pre-med) at Penn or Columbia or Chicago decided to apply to those and all the Ivies and Williams (#1 LAC) because of their prestige. Say, of these, they only got into Williams, a great school but very small in a small town that is not close to anything urban. It is exactly the opposite of the experience they want. It promises to be a small-town hell for them. (Or we could use Dartmouth for this example.) Say they also got into Case Western or UW-Seattle. Both are terrific schools and offer the urban experience the student is looking for. Case has a teaching hospital essentially on campus. UW has a great medical school too. Would it make sense to choose Williams (or Dartmouth) simply because they are ranked higher.
Or you could flip that example. Or what if someone really wanted to avoid Greek life, and their most highly ranked option was the most Greek school in the country? What if someone had grown up in SoCal, hated cold and ice, and wanted warm weather and their options were Dartmouth, UCLA, William and Mary, and Wake Forest, with equal cost? Would the difference in what they learned in their classes be so different to live for four years in a place where they would be trudging through cold and ice most of the school year? (Would there even be in any difference?)
My own opinion is that “prestige” is dramatically overweighted by many students. Of course, if one is admired to #5 in some ranking and #505, well, that’s a pretty big gap. In most cases, the gap is really small. There are something like a couple of thousand schools that offer everything that people usually think of in terms of school. Given that, is the difference between #20 and #30 that great? And, most importantly, these rankings are based on very limited criteria, that may well have nothing to do with your interests.
I’m sure students often choose schools based on rankings when if they looked closely the faculty in their major were less impressive, less interested in teaching, less accessible than at schools where they are turning up their noses.
A student at one of my kids’ school applied to about 10 schools. They said they were just waiting to find out the highest ranked one that accepted them and they were going there. I felt like they were giving control over their life to someone else (those doing the rankings) and selling themselves short. And they were very bright and talented, no need to sell themselves short.
Of course, the decision is yours. Just asking you consider it over the next few months. Good luck!