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That's what has happened to my husband's fraternity.
Back when he was a member, it was a good house - lots of members, a nice house, good relations with sororities, etc. They got kicked off a number of years ago, and just recently recolonized. They have about 12 members now and are struggling from what I hear. The house was leased out to another fraternity and is not in the best of shape. I guess they will get back in there, but with only 12 or so people paying dues, I don't know how they'll pay the bills. I know that they have a pretty strong alumni base, but I don't know how long they would continue to foot the bill for a struggling chapter.
It remains to be seen how they will do. They are a big national fraternity with lots of name recognition, but it is hard to break back into the ranks at a school such as this.
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