Another thing I should bring up, for future applicants reading, is the feelings you have after getting in. I had 2-3 days after getting into my top choice where I was super excited, couldn't sleep, and just all around super happy. But after that, other feelings definitely start to creep in. I was always aware of course of how much debt I would need to take out, and that I'd need to leave my friends, gf (although I think she'll join me the 2nd year), etc, when I go to business school. But after choosing the school I was going to attend, it became REAL and I really started internalizing the feelings.
Staring at the the suggested budget and knowing that taking out $150k+ in loans is not longer a hypothetical, it's an actuality. It's scary, it's going to be around $1500-$2000 a month in monthly payments, so I really have little to no room to screw up or take a lowly paid job I may enjoy. I work a job that pays $100k a year, and is very low stress and low hours. It's tough to bite the pill and know that I'll probably be working way harder, for what is functionally the same pay after I pay the debt payments. I know its the right decision long-term, but is still stressful.
Likewise, I went out to celebrate with friends. It was really the first first time where I really realized "Wow, in 4 months, I'm not going to really see these people for ATLEAST 2 years, aside for a day or two over breaks"...and it's possible I'll never live in NYC again, and the people who have been my best friends for 10+ years will just become people I see every few years. Similarly, my girlfriend and I have had a 8-9 year long journey, going from best friends, to on and off relationships, to finally working out and having a really solid relationship. Going a year without her is going to suck, and a potential strain on our relationship (everyone always talks about the turkey drop when everyone breaks up with their significant other after thanksgiving).
Anyways, just thought it was interesting, how once you get over the "where am I going to go to business school" stress, a whole different category of worries come into play.