I watched this show once, and it made me very sad.
From your description of the show, a LOT of things would be better than being Greek. Honestly, I see none of the appeal of this show or of joining a sorority. These college students sound pretty stupid, and, from this show, sororities and fraternities sound extremely stupid. The show just seems to be confirming, at least to you, all of the nasty rumors and stereotypes. Why would anyone want to get into that?
And when are drunken escapades, sex scandals, and cheating on anything "all worth it?" What exactly is that going to help you achieve in life? Isn't the point of college to get smarter?

Also, I agree with Mr. Stone.

There is so much better TV out there.