Separate apartment within the building with maid service; all meals catered.
Responsibility for hiring (and firing) staff and helping to create a positive environment for both staff and students (about 150 sorority girls).
Plenty of vacations and free time. (I completed a BA in Theater Studies)
Congenial atmosphere with high spirited young and ambitious women
Cons
It can sometimes feel as though you are a puppet queen.
The small governing body (volunteer) is run by a volunteer alumna who makes decisions about and has access to Sorority House funds. This can lead to unaccounted-for expenses. It can also lead to an innocent party - who is nominally in charge - being unfairly accused of mismanagement.