An old friend who played football on the University of California's last Rose Bowl team (1959, I believe), would often come home with little ditties such as:

(To the tune of "High Above Cayuga's Waters," the Cornell U. alma mater):
         High above a Pi Phi's garter,
         High above her knees;
         Lies a Pi Phi's only virtue,
         Her vir-gin-i-ty.

The quintissential drinking song from those days would have to be: