Another fantasy I have that could never be fulfilled, both because it's not legal (anymore) and also because I'm way past college would be to experience a fraternity hazing. Especially ones that emphasize homoeroticism without necessarily being sexual.
Like the pledges can only wear a jockstrap when they're doing their chores around the house, even if there are guests over, and if they're being punished for some infraction then they have to do their chores completely naked.
Like the soggy biscuit, where pledged strip naked and jack off onto a piece of bread. The last pledge to come has to eat the bread.
Pledges sleep naked, three or more per twin bed, randomly re-assigning bedmates each night.
Two pledges are stripped naked, driven across town, handcuffed together, and forced to walk home stark naked.
Two pledges are stripped naked, tied up together, and dumped on the front porch of a sorority ... or a rival frat.
All of the fraternities band together to do a joint fundraiser, selling tickets to a charity Olympics-style games. All of the pledges of every house must compete, and any actives are also eligible, but everyone competes in the original Olympic style: naked.
Toga party where no one in the frat (and preferably not other guests) wear anything under their togas, and then pledges are forced to wrestle each other with the goal of ripping off each other's togas. And of course, togas ripped off are not allowed to be put back on.
Pledges are forced to bathe in the school's fountain, naked, and then are forced to run back to the frat, naked.
But since I'm too old for such college antics now, and any frat that hazed like that would be immediately banned from the school (and possibly face criminal charges), I guess it just has to be a fantasy.