What is a "Fraternity"?

It's not available at my college. I watched lifeaccordingtojimmy and I'd like to know what a frat is. Do you get paid for being in it? Is there special privilege associated with it?

• A drunken collection of 19-year-old penises.

• FUn for Everyone

• I am a Sigma Chi. My fraternity experience changed the course of my life. We used to say, "the best friends my daddy's money can buy". I loved every second of the time I had.

• R3=The sweetheart of Sigma Chi. (A/K/A the designated bottom.)

• R3 learned to prelube very well it seems

• Lots of hot, well-built muscular alpha masters of the universe douches with huge cocks who fuck pussy after pussy and who will suck/fuck each other during the rare times there's no pussy to be had.

  http://instagram.com/p/Lvoa5VDvGA/

• They spank you with a big paddle if you want to join.

  Anonymous

• I am stupid and writing from North Korea.

  OP

• It's just like a Finals Club or an Eating Club OP.

• Tl;dr - A Brotherhood

  http://fraternitygentleman.blogspot.ca/2013/03/what-is-fraternity.html

• OP? What tacky-ass school are you attending?

• I'm attending Ryerson University.

  OP

• Like the priesthood, it is repressed homoerotica. Nobody comes out of a fraternity with fond memories of all of them. There's always one, the unacknowledged gay lover, who was the real fraternity experience. Whether it's some stupid disgusting shithead named Frank or one named Victor, it's all the same thing. A gay marriage with no rights, but loads of responsibilities and all constructed on a foundation of deception and violence.