<p>Hm, maybe.</p>
<p>I can think of at least 4 people off the top of my head from my graduating class that are applying to their schools that they think they could get into...and NYU, which they figure is an incredible reach for them (usually because "their parents told them to")
And that's just a high school from New Jersey... I'd imagine this is more popular as you get into NY</p>