Frats are... fratty. Why do colleges keep them around?

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In this episode of Overrated, Vox’s Phil Edwards explores the history of frats.

The history of fraternities has a lot of ups and downs — and stretches all the way back to America’s founding fathers. Beyond the hazing and beer chugging, there’s a story that includes changes in higher education and even national politics.

So why do colleges keep fraternities on campus? The reason is a web of incentives that make fraternities allies to administrators — despite the negatives they sometimes present.

Overrated is a series that takes a look at the things we all know — the books, the trends, and the ideas that have become iconic — and answers the question: “Why is this so famous"?