Well, here's the thing:
Soul Eater started out as a manga series. The anime is an adaptation of that manga. For the first 34 episodes or so, the anime was pretty damn faithful to the manga. Of course, the anime studio noticed a bit beforehand that they were running out of manga to adapt, and they only had a 51-episode budget, so they did the best possible choice: they diverged from the original manga's plot and took their own spin on the duration of the season, tying up as many of the remaining plot points as they could for a premature ending. If you ask me, they picked a wise point in the story to split off from the anime. Otherwise they'd have to add more plot points that would risk being unresolved in the end.
As we speak, the manga is still being released, with no foreseeable end currently in sight. The characters and a few major events are all developed quite differently. If you can find any copies, I definitely recommend you read them.
Now, as for the second season:
The animation studio responsible for producing the original anime is "Bones", the same studio that brought us Fullmetal Alchemist, which was a very loose adaptation that ends up being developed differently has requested by the creator of the series. Now Bones has made Fullmetal Alchemist: Brotherhood, a new adaptation that follows the original manga more closely.
What does this have to do with Soul Eater, you might ask?
Well, word has it that the producers of the anime are considering waiting for the Soul Eater manga to play out for a bit longer. Maybe when it's close to finished, then a new season, or perhaps more appropriately, a whole new Soul Eater anime will be produced.
It's just a rumor best taken with a pinch of salt, and you can find it in this video:
link
The one who posted this insists it's real, but the source is unavailable. If that's the case, then wouldn't that be something?
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