Not a chance

"PLEASE I HAHAHHSHSH CAN'T TAKE IT, PLEAS HAHAHHAHSHSHS HPLEASW" You beg, it's taking all your will power to hold your hands behind your head and your knees start to buckle. It's agonizing, its filling all your thoughts, except the one other thought that won't go away... they can all see you. They're all looking at you. They're laughing at your screaming, how pathetic you look with tears in your eyes, being mercilessly tickled by a beautiful woman, nude except for the skimpiest little panties that happen to also be covered in childish designs!
You have no clue how much time has passed and no clue how much time is left. Are you living in a nightmare? Is all this just a bad dream that you'll wake up from soon?
Unfortunately... no. This is very real. You're hysterical. Your face is beat read and there are tears in your eyes and you don't know if it's from the laughing or the pure humiliation you feel.
Jill starts whispering in your ear and she slowly traces one finger around each armpit. This is somehow worse than the scratching, you can't stand it.
"This is pretty embarrassing, huh? God, I can't imagine being brought to tears like this, in your state, with all these girls watching. I think I would die. Are you embarrassed?"
"HAHAHAH STOP PLE HAHAHHA PLEASE IT'S TOO HAHAH MUCH"
"Say it, say you're embarrassed that all these girls are seeing your uncovered, barely hidden baby boner while I drive you insane with these *long* nails."
"NO, ple... HAHA, please don't HAAHAHHA please don't make me..."
Suddenly, she starts using all her nails to spider around in your hollow pits, you jerk around and your hands briefly leave your head but you put them right back against every instinct you have, but you can't stop your knees from bending, your body from lowering trying to get away.
"Why don't you add in how much this *tickles,* or I can show you some more techniques."
You're really about to say it... out loud... in front of everyone.
"This tickles so much HAHAHAhhHAAH, my pits are my most ticklish spot and I can't stand how much this TICKLES! HAHAhHAHAhaH"
"And?" She speeds up.
"And this is so embarrassing! HAAhHAHAHHAH You're all seeing my scrawny body in my little super hero tighty whities while she tickles me and I am so embarrassed!! HahahsHAHAH"
"What else can they see, huh?"
"You can all HAHHAHA you can all see my tiny di...." And then with one sharp, unexpected jab right into the hollows of your pits, you fall to your knees and crumple. You... you lost. After all that humiliation, you lost. You're not going to be part of the fraternity and you are going to be the laughing stock of this sorority.
"Oh no! You only had a few SECONDS left! That must suck so much... oh well, I guess it's time for your punishment!"