My S24 had similar results–not admitted to any of the most selective few universities or LACs to which he applied, admitted to several good options in the same range you are talking about.
We’re not planning to do anything notably different with our D30. My basic perspective on this is that what happened since I attended a HYPSM (which deferred my S24 REA and then rejected him RD) is basically that the pool of highly competitive applicants massively expanded, whereas those few schools did not.
So, these days, necessarily many highly competitive applicants are ending up concentrating at more schools. Of course there were always top applicants going to things like state flagships and such, but among those interested in more of a private college sort of experience, they are big parts of the classes at more such colleges than before, because that is what the numbers dictate.
So to the extent you are worried about your kid being around suitable peers, to me that isn’t actually a problem. These colleges were able to get a lot more selective themselves, so now the kids at these sorts of college are if anything more impressive than most of the kids who went to colleges like mine back in my era (also often more anxious, but that is a whole other conversation).
And in fact in the meantime, lots of these colleges have gotten “better” in almost every OTHER meaningful way. What I mean is basically that they got a lot richer–endowment returns have been great, giving increased, grants increased, net tuition increased, and so on. And they used a lot of those resources to buy things like nicer dorms, nicer libraries, nicer labs, a bigger variety of well-funded student activities, even more “top” professors by their criteria, and so on.
So again, I am pretty confident in almost any way that really matters, a kid going to a “T20” today is getting more opportunities to have a better overall experience than I did at my T5 back in the day. And I actually would not at all limit that to T20s.
So what’s the problem? Well, I think a certain ranking mindset implicitly assumes that T5 means the same thing over time, as does T20, T50, or so on. So given that mindset, a kid going to a T20 today must be getting something less than a kid who went to a T5 in my era.
But once you realize that isn’t remotely a good way of looking at all this, personally, I found it easy to relax as a parent. I truly think it is actually easier than ever for a highly competitive kid to get multiple great offers that really make sense for them–schools with all the qualities that really matter to that kid, and affordable as well. And how those schools “rank” just isn’t important, not in the way some people seem to think at least.