Hmm. So if I hadn't got into any T1s (and assuming I knew that I didn't have the numbers going in, so I would've applied to some safeties below that level), would I still go? Probably.
I'm from Georgia, so if I'd gotten into (say) Ga. State, it's cheap and decent, and I'd be OK with that option. Failing that, if I could get into Mercer, I'd strongly consider it -- I'm from Macon and know lots of Mercer alums that are successful there, and I'd be fine staying. If I didn't get in Mercer, though, I'm not sure... I really want to be a lawyer, but if I had to move far away and/or take out a huge amount of debt, and still face long-shot career prospects... well, I don't think I could do that to myself.
Assuming I wasn't too discouraged, I'd probably try to get a job in government or something and work on the LSAT. If I just couldn't handle that, I'd probably either try to get certified to teach (while hoping my parents -- both teachers -- didn't try to have me committed!) or maybe look at grad schools in psychology or something. There just aren't too many options for BAs...