Nope, guess again: 1. First, racist speech is constitutionally protected, just as is expression of other contemptible ideas; and universities may not discipline students based on their speech. That has been the unanimous view of courts that have considered campus speech codes and other campus speech restrictions — see here for some citations. The same, of course, is true for fraternity speech...
Do you do financial aid research …
… and would like to reach an audience beyond academics?
Contact Charlotte Pollack (pollackc@nasfaa.org) about your research. The National Association of Student Financial Aid Administrators sends precis of interesting financial aid research papers to its members on a regular basis.