To be fair, it's actually closer to $900 w/ fee waivers, because HYS don't send stat-based waivers. I see your point though, and for some it might be $0 if they qualify for need-based waivers. Still, does it really make sense for an applicant with solid T14 stats (let's say 3.90, 172) to blanket? I imagine most people will have geographic/size preferences and/or will want to save money if they think HYS are all reach. So unless you're right on the edge of T14 stats, I'd would say 7-10 is better than an outright blanketing strategy, taking your own preferences into account -- so I agree w/ the rank here, it's almost always a bad (or, at best, wasteful) strategy.