Seven hundred thousand college undergraduates are members of men's and women's fraternities in the United States and Canada. Fraternal organizations, or fraternities and sororities, claim they exist to enrich students' lives and enhance the educational mission of universities. However, strong resistance exists within academic ranks to the existence and perpetuation of these organizations. This resistance calls for the study of the college fraternity to determine what, if any, roles the organizations play in the experiences and development of undergraduate students. This study examined and compared reported outcomes associated with the undergraduate college experiences of fraternity and sorority members versus students who are not members. Significant differences in student outcomes were analyzed in relation to three defined principles and objectives of student affairs practice: (1) student engagement; (2) the ability of students to develop coherent values and ethical standards; and (3) the connection of students to a supportive and inclusive community.