I would say depending on your family financial situation, don’t rule out the Ivy. You may not get a full ride but you may be better off with school with no loan than banking on a full merit scholarship from the other top school.
My son decided not to apply to any Ivy and was hoping to chance it with school that has STAMPS, Robertson or similar. It has been disappointing so far. We are now wondering if it would be been better off going after some of the Ivy.