I think you should weigh your options.
I mean the school that you have applied for will have something good for you that made you apply there. Right? or was it a debunk app ?
If it is a good school and you do find something of interest there, I suggest dont stress over the waiting thing and enjoy a debt-free grad school. That's a huge achievement in itself to be honest. Atleast at the end of the curriculum you won't have to stress about paying education loans. And economy can be a bitch, you never know whats going to happen.