90 Day Waiting Period

Like buying a gun, I must sit here and wait for them to get back to me. There's nothing I can do now though, so what is there to worry about. I think I wrote a decent essay, my GPA/QPI is high enough, I should have good recommendations from esteemed faculty. That's all they can judge me on anyways, so I hope it goes well. I still need to convince the folks though that this whole process is worth it. Otherwise this was all for naught. The way I see it, (1) studying at LSE is rewarding because only the best can go. It's a privilege that I hopefully will earn. Also, (2) the job market is tough right now, so finding a summer internship is very difficult to begin with. If I instead do the next best thing and study abroad, then that gives me an advantage over all the kids who can't get internships and end up working at Dairy Queens at home. It's almost a really good excuse for not having an internship. The way I see it, I might as well take advantage of the opportunities that are available instead of hoping for others to come by. What happens if I don't get an internship over summer anyways, then I have no reason to not go to LSE. At the same time, (3) there is the possibility that I could interview over winter break when I return to Amerika. And I am able to let firms know that I will be in London and can schedule interviews there or phone interviews. This is what others have done in the past. I have heard that 3-5 of the 30 get internships in America, while some more get jobs in London. But it is much harder and requires a great deal of flying back and forth to get a job. While it is important to get an internship after junior year, it's not as important since you can still get a job during senior year.
What most others do is take summer classes at Georgetown, travel, or work at home. But in interviews and on resumes, listing LSE as a reason for not having a junior year internship is looked at highly. Another issue I have heard is that it is difficult to make good relations with professors if I am gone junior year. And apparently, I need that for recs for grad school. Also, it's hard to make good friends at LSE since I will be entering during their junior year. But (4) nearly 25% of their students are also study abroad foreign students.