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Old 08-16-2009, 09:15 PM
oncegreek oncegreek is offline
GreekChat Member
 
Join Date: Aug 2006
Location: southern cal
Posts: 138
I was an active member in the early eighties, and my chapter was new, and struggling. We had a huge house to fill, and were constantly COB'ing. Our housing costs were also much higher than those of other greek houses. (The chapter house was bought in the era of double digit interest rates) A number of members deactivated for financial reasons, and the chapter ultimately closed. The whole situation was really sad, and then, like now, many students struggled to pay expenses. The moral of the story: it is important to work with members to ensure that they are able to meet expenses, in order for the chapter to remain strong.
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