Alpha,
This is from an alumna of a California university. Chapters there are old and established. It may be just as competitive as at large SEC colleges. I really like the idea of Regret With Interest. I also like the practice mentioned in the thread of a pnm being able to pick up a chapter later.
Releasing 50% of the pnms after one meeting must be extremely difficult both on the houses and the girls who came with unrealistic expectations.
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