Hey socalconsult, I do appreciate that I may have been overly ambitious in my choice of B-schools and it certainly makes a lot of sense to recommend casting my net lower even as I reapply to some of my dream schools but to tell me to apply to "one of those online programs" as an older applicant trying to break into IM just doesn't make any sense at all. Considering the time, money or effort..the ROI would obviously be negative.
Besides even in my opinion, my applications did have a lot of room for improvement...my GMAT bordered on sub par for some of the schools and clearly sub par for others and most of my essays were written in about a week or so, so I was honored to even get interview invites so I feel that my profile did have something that was worth consideration. In that case if I could raise my score to a more competitive level now that I have more time and take my time getting to know the schools, writing better essays etc, I may have a better shot at B-school next year compared to this year.
My recommenders are from Stanford and Upenn and though not business school they seemed to get the basic idea of what B-school recommendations entail..In fact one of them is a UPenn med school adcomm member with pals in the business world so he understood the intricacies of admissions and the nuances of B-school to an appreciable extent.