http://www.insidehighered.com/news/2009/04/01/greek
Excerpts from the Inside Higher Ed article ^:
. . .
The current economic crisis has changed the way students think about money, . . . . Chapters and student affairs offices . . . will have to be "line-item specific" as to what these dues are for and how they will be spent to the benefit of the student . . . .
“Students need to know specifically what is going to be required of them,” Fouts [the person who made a presentation about students’ interest in and views about Greek life]
said of financial commitments. “If your organization is hesitant to put that out there, then I challenge you to encourage them to be more specific up front with that [for prospective members].”
Fouts and others familiar with Greek issues at the meeting said they were unsure how the economic crisis would impact membership. Still, some acknowledged that those students with only a cursory interest in a fraternity or a sorority might only see dollar signs before noting the potential benefits of Greek life. . . .