I definitely relate to the teenage angst of college rejections, and still feel it sometimes (now in my third year). My school is considered one of the "New Ivies", and many of my classmates were similarly rejected or waitlisted at all the other (top tier engineering) schools they applied to except this one. We've ended up with a student body that's apathetic, and still somewhat resentful. I wonder how common this is at other "New Ivies"...<p>But you know what? To the entrepreneurial types among us, it only makes us work harder here. :)