College fraternities (to use the term loosely to include Skull and Bones) are not what they used to be. Maybe this is because more and more people are going to college, so the collegiate experience and everything associated with it, including fraternities, are no longer special and no longer elite. Even though there is only one Skull and Bones and it is at Yale, an elite institution that few go to, it still has been degraded by this trend. Skull and Bones had declined with fraternities because Skull and Bones has always been associated with fraternities.