Probably poor form (hopefully not a violation) to mention a post on FB’s Paying For College 101. (Note that while the link appears in Spanish here, it’s in English once you click.)
Middle class kid with high, but not perfect stats makes a very rational choice. Might be the best I have read yet- and I was very thankful for it. Overlap in situation with my junior D was 90% and they really gave me more confidence in my current thinking.
In short, she sees her excellent stats as a way to gain admission to a great school OR a way to get a degree without going into debt (keeping options open). NOT both. She gets the fact that applying and holding for a glitch that makes an elite school affordable is a pipe dream.
Parent and child are a wonderful team and frame the choice in a very helpful way.