Quote:
Originally posted by Zillini
There is a local accounting firm (owned by a Pike) that specializes in Greek organizations and handles around 75% of the sororities and fraternities on campus. They estimated that deferring Recruitment until Spring would cost the sorority system around $750,000 in lost revenue in that fall becaue quota at the time was around 45 with 17 houses on campus. All but a few houses usually make quota without any trouble, so all these chapters would have to go a full semester without those dues. Sure each house would eventually "catch up", but that first year might put several houses into bankruptcy. Keep in mind that all sororities on this campus have (aging) physical houses and alot of those maintenance costs are fixed regardless of how many members you have.
|
If they told the sororities about this several years prior to it happening, couldn't they budget so that this wouldn't be as much of a problem? Especially since you say many of the costs are fixed costs?
I'm not saying the financial thing isn't a legitimate gripe but when choosing a time for rush the focus should be on what is best for the students, not what will help the chapter with their money issues.
Threaded Mode