Excellent point. CrystalDee, there's no need to make a decision now. You (and all those who don't get it this year) need time to heal before deciding what comes next. I always think that, for academics, the summer is a time for catharsis. Take that time and *then* decide. For what it's worth.
Remember: it took me 10 years to finally get into a PhD program. There were times when I literally thought I couldn't take another rejection letter. I simply thought I would disappear. But here I am. And here you are too. Take the time to heal, and then get back up on that horse, whatever horse is right for you right now.