RF: Getting in does not mean very little. Harvard Law’s acceptance rate is about 15% and its graduation rate is 99%- meaning that her odds of either happening are roughly the same assuming she’d accept the offer.
There are plenty of other fantastic, Top 14 law schools- someone above mentioned NYU, which can be a bonus if only because of location. Others include Columbia (a good choice for a similar reason), Cornell (where I believe jfem said her husband goes- correct me if I’m wrong), UPenn (also lots of frum Jews), etc. Harvard is not the be-all-end-all. In fact, for what it’s worth, Yale is ranked above Harvard.
As far as the $200 is worth, that’s precisely why I didn’t do it. Obviously the people who did it didn’t worry about that. The fact is that those who did had the stats to at least be in the running for Ivies. (One of them, IIRC, applied to Columbia and actually ended up going- this was a while back so I could be confusing it.) Face it, people have different priorities and different outlets- exceptional SAT scores aren’t exactly exalted in the frum community.