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a lot of the fault for the dismal placement numbers lies in the hands of the PNMs who won't take the invitations offered to them.
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Okay, but that doesn't happen in a vacuum, either. I agree with the post upthread that Indiana's actives created a monster by conveying that sorority experience = living in, period. Well, if that's what the upperclassmen teach freshmen, they believe it. Even Ole Miss, of all places, has close to 90% placement now. This is the school that had to move rush to mid-semester because women were dropping out of SCHOOL when they didn't get the right house. Now less than 10% of PNMs drop out of rush despite a tier system carved into marble. Everybody decided to emphasize participation in the system, so the culture changed.
The better parallels to IU, IMHO, are OU and Mizzou. Giant, beautiful old mansions, Greek system is crucial to social life, a lot of emphasis on living in, and they still do just fine letting seniors live out.