JS, I totally agree about not going too far down the list. But, for example, my oldest D goes to an LAC ranked around 50th. She has made the absolute most of the experience, and is getting a great education. If I have any hesitation about my younger D going to that same school, it is only that sometimes the younger one only pushes herself as hard as she needs to. So the sharper the other students, the harder she works. But for a motivated kid like my older one, you can go at least that far down the list and get a very good education.