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Top Silicon Valley students declining admission offers from top universities due to cost

Source: mercurynews.com Posted By: postg0 3493 days ago

Mike Maietta was eating lunch when he got a text message from his mom.

"Notre Dame," it said. "Big envelope!"

Mike, a senior at Bellarmine College Prep, whooped for joy. The big envelope meant that the storied Catholic university in South Bend, Ind., had offered him a coveted slot in its Class of 2013. But the $51,300 annual price tag is a formidable obstacle. So Mike and his parents are considering offers from several other colleges and calculating the costs — tuition, housing, holiday trips....

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