It's a tragedy that nobody can afford. Our condolences go out to the family and the chapter.
I just read in the Ohio University Post that the O.U. chapter of Phi Kappa Sigma has closed. The reason stated is that their National had to raise insurance rates (over $300 per member) and the chapter couldn't afford to stay in operation.
The reason for the rate increase? The National was sued by the parents of a Texas student who died of alcohol poisoning. The payment was $2 million dollars according to the Associated Press.
Will we ever learn moderation? Or will this happen again and again until all of our nationals can't afford insurance -- or go bankrupt?
I've said this before in many threads, but this is a much larger issue than many want to believe. The future of the entire Greek System is at risk.
But even more tragic is another death.
Think about it.
DeltAlum
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