Who loaned $5,000 for the first fraternity house?

Who loaned $5,000 for the first fraternity house?

• A. Milton W. Bohn
• B. John D. Rockefeller
• C. Andrew Carnegie
• D. J. P. Morgan

Answer: (A)

Fraternities often relied on loans from alumni to buy or build their first houses, showing how former members could directly support the growth and stability of the group. Milton W. Bohn is recorded as providing the $5,000 loan that financed the first fraternity house, making him the person linked to that historic building project. The other names are renowned financiers and philanthropists known for different kinds of funding and projects, not this particular loan. So the answer reflects the specific historical loan tied to the first fraternity house.

Fraternities often relied on loans from alumni to buy or build their first houses, showing how former members could directly support the growth and stability of the group. Milton W. Bohn is recorded as providing the $5,000 loan that financed the first fraternity house, making him the person linked to that historic building project. The other names are renowned financiers and philanthropists known for different kinds of funding and projects, not this particular loan. So the answer reflects the specific historical loan tied to the first fraternity house.