What is the material??? Is your campus conservative? Actually, I like the dress as far as I can tell, but the ladies of the North would be the better judges. If you were going to rush in the South, that dress (right material of course) and some unique jewelry would be great for most houses. Does it make you look youngish or collegiate? That can be a consideration as well.
This year's guide shows 4 girls-two in black , one in a STRAPLESS
PRINT

and...one in a HALTER WITH A SKIRT!!! (double

)
Perhaps they think they are helping people, but when you show up to pref in a skirt and halter top, how comfortable would you feel in a crowd of cocktail dresses...well, you would stand out!