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Fiji and SAE's dues!!!!?!?!?

by:    

Why in the world are Fiji and SAE's dues above 6 grand a semester? I understand Fiji partially since they have the biggest mansion in Austin. But SAE? $9k a semester? That's SMU's yearly tuition after being an active for 8 semesters. Even still, most fraternities in the SEC with gigantic mansions don't have dues that expensive (minus FSU and Alabama). Someone explain the context to me because I'm genuinely curious. How are FIJI and SAE so expensive? I give it 10 years before SigEp becomes just as popular as those two considering Fiji, SAE, and SigEp are composed of the same type of kids. SigEp is just more affordable with $3k a semester.

Posted By: Dude
Page 1 of 1
#1by:    
#1    

liquor is expensive these days

By: Matt
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by: JW   

🙌🙌yes it is

By: JW
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by: Money manager   

SAEs have to pay more to cover the extra expense of thetas living with them since they can’t find their own beds

By: Money manager
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#2by:    
#2    

See the long running TaBoO post. 😳

Outrageou$ly high this semester!

Just a few mixers and a formal, no Spring Break beach house this semester. Our Chapter Officers appear unusually happy? 🤨

Probable ghost next year. 👻

By: 💲pring due💲
#3by:    
#3    

The same reason some country clubs charge more than others. They can. They don't want to associate with men who cannot afford the dues.

By: Honest Answer
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by: Senior Realization ✋🏻   

UT of Austin Greek Chapters are all PONZI SCHEMES.
Pyramid financial frauds. 🗻

The Chapter Officers get rich. 😉
The Chapter dues paying members get hosed. 😯

Chapter members realize this by their second semester Sophomore year. By then, they run for & win a Chapter officer position or become a ghost.

By: Senior Realization ✋🏻
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by: ^ Sadly True 😯   

UT Greek Chapter's budgets are NOT audited.
Unaudited million dollar budgets managed by a 19-22 year old student Chapter treasurer. 👿

A 25-30% petty cash allocation is ripe for Chapter Officer skimming. 😮

No oversight except for an unaudited annual balance sheet sent to their National. Most Chapter Actives are being financially hosed by their Officers. 😡

By: ^ Sadly True 😯
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by: OR....   

Maybe to pay for entertaining all the parents on game days - parents pound

By: OR....
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#4by:    
#4    

It is outrageous but saying it’s a ponzi scheme is ludicrous

By: Get real
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by: ^ wtf 😕   

See the TaBoO 😳 posts, fool 🤪.

By: ^ wtf 😕
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#5by:    
#5    

All that to not even live in the house

By: Lmao
by: ??   

Who doesn’t live in the house?

By: ??
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#6by:    
#6    

They all live in the house

By: Come on

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