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Abbreviation for "Harvard, Yale, Princeton, or Stanford." These are the four top colleges in the US. Other schools like Penn or MIT are up there, but don't quite match the prestige.
Friend 1: "My best friend from Penn got a Rolex from his dad over dinner at graduation right in front of me. I graduated from Penn too a year ago, so I came back to my parents and asked 'Where's my Rolex?'"
Friend 2: "Haha, I bet they were like 'hmph.' But if my kids graduate from a top university, I'd probably buy them that watch. Would you?"
Friend 2: "Only if it's one above Penn, heh... Okay, maybe Penn or better."
Friend 1: "Well, that's ridiculous. You're basically saying they have to graduate from HYPS to get a Rolex... Otherwise, they'll have to buy their own watch."
Friend 1: "Fuck 'em. They can buy a Timex."
HYPS by Moggraider August 20, 2008
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the top four colleges in the world everyone wants to attend: Harvard, Yale, Princeton, St. Olaf. known for elitism and breakdowns. not as good at partying as state schools but does not matter 'cause they get the best jobs #yeet
the only thing she cares about is attending a HYPS such a snob
is your SAT HYPS level, though?
my father went to a HYPS

how did you get that internship?? I am a HYPS
HYPS by notacarl June 16, 2018
Related Words
hypster HYPSM Hypsy HYPSMC HYPSC Hypsie hypsiphobia Hypsirnosis HYPSMCC HYPSMD
The six most prestigious universities in the United States: Harvard, Yale, Princeton, Stanford, MIT, Columbia.
Dang, I wish I was smart enough to get into a HYPSMC.
HYPSMC by N O O T N O O T May 13, 2021
An acronym for the five most prestigious universities in the United States: Harvard, Yale, Princeton, Stanford, Columbia.
I wish I could get into a HYPSC to impress my grandma...
HYPSC by habitmonster June 15, 2021
The 5 most prestigious universities in the United States:

Harvard University
Yale University
Princeton University
Stanford University
Massachusetts Institute of Technology
Admissions to HYPSM is extremely competitive.
HYPSM by dedicated scholar November 15, 2011

hypsteria 

var: hipsteria
related forms: hypsterical, adj.

noun

1. An uncontrollable outburst of extreme emotion caused by anything related to hipster culture.

2. The condition of being a hipster in a state of overwhelming emotion.
Travis reached the point of hypsteria over the $1 PBR bottles at the Holiday Cocktail Lounge.

The summer blackout in Williamsburg caused mass hypsteria for nearly 48 hours.
hypsteria by sweesmees April 17, 2009
Harvard, Yale, Princeton, Stanford, MIT
i.e. Prestigious American universities.
I know this really smart guy. He got into HYPSM
HYPSM by PedroFile April 12, 2009