Yes, it is "bait-and-switch." Yes, it is consumer fraud. Yes, it is an offensive stench in the nostrils of Almighty God.
As for my family, we hadn't the money to put our sons in one of the "really" Catholic institution of higher learning --- the dozen or so little colleges which are, shall we say, confessionally Catholic --- and certainly would not consider one of the big, endowed apostate Universities like ND. From the viewpoint of the Faith, it would be much better to go to a State University. There, at least, you're not left mired in corrupting ambiguity. You know where your allies are, and where your enemies.
I am also troubled by Sunday's installation to sainthood of the Bishop of Rome who allowed the sex scandals to flourish under his nose. So I'm checking out of my "hopeful" phase over Pope Francis now, and will be content to be a lapsed CathoProt for the rest of my life. The only thing I can hope for now is an individual congregation somewhere that has not yet given up the race. I'm as done with Big Religion as I am with Big Government and Big Business.