Applying for other Full Time Jobs BEFORE Internship?

After a long recruitment process, I feel very fortunate to have recently accepted an offer in S&T for summer 2023. I have read that S&T return rates can be rather low in some circumstance though, and I was wondering if I should be preparing to apply for full time positions before the internship in case I don't get a return offer, or if I should not apply for any other positions unless the time comes when I don't get a return offer, which hopefully won't. Thanks!

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