A term pricks use to describe themself after they have "earned" their college degree. People that give themself a "white collar" status are typically horrible in bed and have nothing else to brag about except their college degree. They live a very lonely life and masturbate on an hourly basis while telling themself how "successful" they are.
White Collar guy, "So what if you had sexual relations with 3 hot chicks this weekend, I am white collar and your not!"
White Collar guy, "I would never put air in my car tire, I am too white collar for that."
White Collar guy, "The reason I don't talk to any women is simply because none of them are up to my standards. I am so white collar."