Andrew,
You are correct. You can search this site for my previous post to place my comments in context. My chapter is at a mid-sized private university. Our pledge period is virtually unchanged in 30+ years. Our reputation on campus is that our pledge period is a "bitch", and it is. Of course its behind closed doors now, but the word gets out each and every year. We do nothing to dispute the rumors, by design, while admitting nothing. The result is that those who are looking for a free ride don't even bother to get involved. The line to get in our door is always fairly long. We usually only pledge 40% or so of those requesting bids. The bottom line is that by allowing the rumors to persist and the fact that it is known the we are very selective, we attract the very best.
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