Yes, to some extent, particularly on the "lots of people getting drunk at someone's house" front, though not in a huge house on a beach by a lake. That doesn't have to make it entertaining or what you should aspire to though - far from it. I got the most fun out of being a member of different clubs and societies with whom I got to do Cool Stuff like ice climbing and competitive squash playing. Also just generally hanging out with friends on the grass outside the student union, drinking beer, eating, playing games and just chilling out listening to music. Good times.