If she feels that she settled, the answer is no.
Actually there is a bit more to it. But that is the gist of it. So what does settling mean these days?
It is really a question of this: can a young lady in some way, shape or form overcome the modern day witches brew of self-esteem on steroids mixed with unleashed hypergamy? For the typical woman, this pretty much has to happen, unless you can marry Tom Brady.
How often does it happen? I am not totally sure. Most of societal forces are pushing against it. For most, it is rather difficult to go against societal forces.
But what of those that do? Some might just intellectually figure out the true situation, some might have had a upbringing (e.g religious) that encouraged humility, others might have been humbled in life and chose introspection as a way to figure it all out.
So where does this leave us? We have lots of unhappy women.
Exit question — How many paths to happiness do modern women have?