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I hope that the $5000 includes living in the house.
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Unfortunately it doesn't. The dues do cover meals, so my son does go by the house to eat. I'm not sure what it will cost him to live in the house, at his fraternity that is generally reserved for seniors and he is just a sophomore.
We were told at the parent's meeting that the reason the dues are so high is because of property taxes in Austin, insurance rates, upkeep of the house, etc. Social dues tend to be extra in that I get a call every couple of months where my son needs an extra $250 (I'm guessing that is for the booze funds).
We knew what we were getting into when he pledged, so it is what it is, and even with the added expense we're still paying less per year than if he were at Harvard
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