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The Economics of Everyday Things cover image

48. College Fraternities

The Economics of Everyday Things

NOTE

Financial Benefits of Joining a Fraternity

Joining a fraternity in college can result in substantial financial benefits as fraternity members tend to have significantly higher incomes, despite lower grades. The earnings boost can amount to around 36 percent, which translates to a significant increase in annual income over one's career. This financial advantage is highlighted by the fact that Greek members, although a small portion of the US population, have historically held a vast majority of influential positions like Fortune 500 executives, US senators, and Supreme Court justices.

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