I actually have heard this from a top chapter with a relatively small chapter size. The quota was going to be 28 that year, and the whole chapter was upset that they didn't want a class that large. They didn't feel it was selective enough and was too unwieldy. The alums were scratching their heads.
Agreed. Having the largest pledge class or having the largest chapter does not equate to being one of the top chapters at competitive schools I'm familiar with
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