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dddmba2012
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GMATLA
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whiplash2411
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I personally used 1.5 spacing and went ~5% over the word count in every essay I wrote.

I don't think it really makes a difference if you use single, 1.5, or double spacing. Whatever your think looks best. As far as word count, going over a little is fine, but you definitely don't want to go over 10%.
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whiplash2411
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Depends on the school, I think. Stanford specifically recommends double spacing.