Honestly, I don't think it's that terrible. The outer edges of the page really are not part of the artwork in most cases (that is, no bleeds). You could also probably send it to a restorer to remove the dedication, if you wanted.
But, as I have learned here, those portfolio's are not made of the type of plastic which is best for long term storage. I am now dropping them into mylar sleeves (where possible), and dropping that into a larger portfolio.
Regarding the comments, this is not a particularly rough audience, IMO, particularly if someone is clearly new to the hobby.