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Before some other not-so-nice people come and rip you to shreds, I'll answer nicely.
Advantages: Networking, Lifelong Brotherhood, Good times, Good Looking Sorority Girls, just to name a small number.
Some are what you see in movies, others aren't.
'Good' is subjective. Good can mean 'top tier' to some and a place where you feel at home at to others.
Now let the ripping to shreds begin.
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