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I think it is SO important for Panhell. to enforce that chapter's use release figures based on past returns... they work when they are followed.
As for a sorority cutting heavily, yes, it makes them look "exclusive" and girls do feel honored to be asked back if others weren't... but only a sorority that all the girls want to join can get away with it. If one of the less "cool" chapters decides to only invite back a select few, just so they look exclusive, they will most likely end up with a small to non-existent new member class.
Basically, a sorority is not considered desirable because it is more exclusive... it is more exclusive because it is desirable.
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