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It "needs" to be a Greek lettered organization because these people want to be in a Greek lettered organization. Whether or not the organization can last beyond the 2-3 year experience is probaby inconsequential. They will probably just be thrilled to have a local and newly founded Greek lettered organization that is designed for a 3 year college; and they will be thrilled that this college is allowing them, if it does.
Can only a "fraternity" be coed? That sucks.
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