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TIL that a 2019 Union College study found that joining a fraternity in college lowered a student’s GPA by 0.25 points, but also increased their future income by 36%.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2763720

We exploit changes in the residential and social environment on campus to identify the economic and academic consequences of fraternity membership at a small No

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