threestripes,
I am completely inspired by your experience!!!
I, myself, am currently in the third quadrant. I have taken the GMAT once and received a score of 610 (V31/Q44/AWA6.0). My undergraduate GPA was 2.91, with an overall upwards trend and an average GPA of about 3.6 in the last two years. As if that isn't bad enough, I am 30 years old without any significant work experience. I worked a few jobs for a few years right out of high school, then enrolled in college at the age of 25 to complete my BA in Art History. (And yes, this means I do not have classwork completed in business or finance).
I am scheduled to retake the GMAT in May. I'm hoping, praying, crossing my fingers... whatever it takes... that I will score above 700. I'm really going to focus most of my studying on the Verbal, since I did so poorly.
My dream school, at this point, is Marshall (USC) because I don't want to be too disappointed if I were to aim too high. I would even be jumping for joy if I was admitted at Merage (UCI - where I attended undergrad). Honestly though, I would love to go to Fuqua or Tepper. I am just terrified that with my low GPA, low GMAT (which won't be as low after the retake), age, and lack of substantial work experience, I'm just chasing an unattainable dream by trying to pursue an MBA degree.
I hope that next year, at this time, I will have a similar story to share!