They make it so easy...
The Aggie jokes just write themselves.
From the text of the auction (but be sure to go read the whole thing):
The aggie network is huge and this ring is more powerful than an A&M diploma. Now you can get all the perks without ever attending A SINGLE CLASS AT TEXAS A&M!!!
Well, no kidding. I had all the perks of an A&M education upon graduating from high school.
The reason the ring is more powerful than an A&M diploma is because it is made of gold, which actually has some inherent value.
I'm sure glad I went to a real university.
Straight from Reveille's mouth...