<p>Although the University of California at Merced admitted 12,300 students for fall 2006, only 458 responded with their intent to register, a disappointing 3.7 yield rate for the young university. In comparison, Stanfords yield rate was 69 percent the past year for the class of 2010.</p>
<p>Merced, which opened just last year in Californias Central Valley (and in the middle of a cattle ranch), cost $500 million to build and open.</p>
<p>Administrators point to several factors to explain the low matriculation, nearly all of which concern the universitys underdeveloped campus. Merced only has three campus buildings, and no local businesses, eateries or sports teams as of yet. Soaring temperatures (regularly topping 100 in July and August) arent helping to attract students, either.</p>
<p>The administration, however, remains optimistic about Merceds growth. Even the low yield for this year doesnt detract from one of their original intents in opening the campus: drawing more students from the Central Valley into higher education.</p>
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