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I think the only way the NPCs really care about founding dates is that there are a whole bunch who all claim to be first (first fraternity for women, first greek letter sorority, first to use the word sorority, etc etc). Otherwise, not really a big deal. I've always like that my srat is the first (for real) but it's not like I wouldn't have joined if it'd been founded in like 1970 or something. Basically, for NPC, not a big deal except for little factoids and taglines (ADPi's "First. Finest. Forever.")
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