My situation: I have one acceptance at a lower ranked school. The professor I want to work for is well known for physical chemistry, although the ranking of the school definitely lowers my opportunity for academia. I don't know if I will ever be a professor, but it's nice to have a good reputation for job security purposes. Funding seems adequate but the area I would be living in is costly.
I have one school left to hear from, and when I emailed them two days ago, they responded by telling me that I am on a waiting list pending on their first choices deciding to go to another school. This school is in another state and I am destined to pay the out of state tuition differences, although the campus housing is cheaper. The program is ranked higher in physical chemistry and the professors have a higher pedigree. I would also be maintaining an LDR with my boyfriend or in the worst case scenario, parting our separate ways after living together for over a year.
I don't need to make any decisions for a couple weeks, but it's a little nerve-wracking not knowing where I am going to end up next year.