My misplan? Well it worked for our family - and as long as each works for their own family, what else matters?
With my 2021, the “lets see what happens” was not affordable on paper and they came through and blew everyone away financially. This is great for you if you either have need or the school gives merit. This was our plan, if they gave merit but for us need wouldn’t work as we don’t have it as the schools define it.
This is my plan: - Have one, without question, you can go there - i.e you’ll 100% get in and be able to afford it. My son had one. My daughter had several.
Example - my son’s favorite was Bama (a late favorite but a favorite). He also applied to home state UTK.
My daughter loved Arizona. Those are slam dunk. She also had financial slam dunks but not admission slam dunks - like FSU, UF, Miami Ohio, etc.
Any other school they applied had to give a chance to meet budget. Didn’t mean it could/would - but had to be possible.
So my son applied to WUSTL, UMD, etc. He got into UMD with enought merit to work. WUSTL he did not get into but say he did - likely with no merit and it would not have worked but it was possible. He also applied to financial safeties but not admission safeties - such as UF and Purude (in at both).
My daughter UMD, American, W&L, etc. She got into all three but with no merit (except AU) and they did not work. This was based on the rule - $50K or less.
So worst case - my son would have been at Alabama or UTK - and as it turns out, he chose Alabama over Purdue, UF and UMD based on what he decided was important to him. We would have sent him to any of those.
For my daughter it was U of Arizona - that was worst case - and it finished in a tied for 3rd (with FSU) behind Charleston (where she attends) and #2 U of South Carolina.
Where I did not let them apply was to school that give no merit - because as a full pay family, what would be the point if I set a $50K limit? So once I learned (on the tour) Gtown gave no merit - it was out. I didn’t know that b4 our tour - so that was an education to me. That night, we went through her crazy long list and eliminated like 20 schools.
Anyway, that was the plan - and they both ended up where they wanted so - for us it worked.
Good luck to you and all.