Two years of foreign language. Is this a terrible decision?

Then you need a new list of school rather than insist on such competitive schools and have a defect in your core requirements. I don’t know your resources, but doing a summer immersion program could have cracked the nut. The top schools are interested in your fluency level. Plus you would have something to say about persevering at something that is a bit harder and you are not as good at than staying in your comfort zone and taking electives instead.