Also one of the principles of the French Revolution. Those great men and women would be rolling in their graves if they saw what the term now means.
In my brief time as a college student, I have seen a friend doom himself to be thrown out of the University Honors Program and thereby lose - at least - ten thousand dollars. He took the initiative to move into a frat house several months before the allowed start of actual pledging, and is allowed to sleep at most five hours a day; due to activities they are doing in this time of 'non-pledging', he is unable to do much in the way of studying.
I was tempted for awhile to taddle on that fraternity, but what's the point? If my friend is hard-set on ruining his future, he will do so somehow; if he is not, he will not.