Good for her. It's great that she's found something outside of skating to focus on and be passionate about. As brainy as they say she is, I think she'd make a good doctor.
I don't see her skating competitively anymore. I'm sure she'll continue to skate b/c she loves it and she'll do shows here and there, but from what she says she's focusing more on getting healthy and school. There really isn't a point in her coming back to compete. Her time has passed and that's fine. She's had a very successful career and done more than what most will do in the course of their competitive career.
Here's to you, future Dr. Rachael Flatt!