@lb43823, if you look at the full list of feeders to Chicago Booth, you’ll see that UMich sent as many to Booth as Yale, UMich & UW-Madison sent more to Booth than Harvard, and UMich, UW-Madison, and UVa sent more to Booth than Princeton or Stanford:
http://poetsandquants.com/2011/10/06/top-feeder-colleges-to-chicago-booth/2/
Granted, those state schools are much bigger, but it means that the top students at those schools do as well as students at elites. Plus, Cornell (only a little smaller than UVa and about half the size of UMich and UW-Madison) doesn’t even make the list, meaning that even on a rate basis, those state schools do better.
(BTW, while I’d put RPI and GTech on the same level as UW-Madison, I’d put UMich and UVa higher).
And OSU, BU, UCLA, UGa, & BC send at least 5 each to Booth.
OK, granted, the top 2 b-schools are HBS and Stanford, and the Ivies/equivalents and top publics really dominate there, though UT-Austin, UCLA, BYU, & UIUC send at least 9 to HBS. UT-Austin and UCLA also send at least 7 to smaller Stanford GSB.
If you want even more hope, take a look at Cornell’s list:
http://poetsandquants.com/2011/08/31/top-feeder-colleges-to-cornells-johnson-school/2/
Cornell isn’t M7, but they are in the top 15, and both UConn and SUNY-Stony Brook are among the top 7 feeders to Cornell and they’re arguably below RPI/GTech/NEU.