I chose to apply to UT, because it was the school I wanted to go to. It dominates the market in Texas. It is cheaper than T14s (since I'm a Texas resident). It is in a city I love. And, honestly, I have no desire to leave Texas again. I did that for grad school. I really couldn't have left the state again anyway, because I have a husband who wants to keep his job, which pretty well limits my options. At the time, I didn't see the point in wasting the time and money applying to schools that I wouldn't be able to attend.
I do agree that I should have applied to T14s for one reason. If I had gotten scholarship money out of a T14 school, I could have leveraged that to get more money out of UT. Obviously the scholarships to Baylor and SMU didn't do it. I didn't think about that before I applied.
Now I'm done with the thread jacking.
OP, I hope you hear soon.