My son said he didn't mind getting rejected. He noted that the letter was gracious and "let us down easy" and he hadn't wanted to go there anyway. (But later, I heard him tell his friend on the phone, "Binghamton can blow." So it did sting a little.)
My husband says it's good for him to get rejected somewhere after eleven straight acceptances from other schools. He says it brings a balance to things.
I say if they didn't accept my boy then they didn't see what was special in him, so why would I want to entrust him to them anyway?