Top Definition
A recently founded secret society at the University of Southern California. It is a group of random rich elitist students. Unlike "Skull and Dagger," the "secret" honor society at USC, no one knows who its members are and how they are chosen. It is a lot like Skull and Bones at Yale except this group isn't well known.
USC student 1: "I wonder if they will pick me to be a part of the Blue Blood Society"

USC student 2: "Doubt it. You're not rich enough"
by sSCs August 11, 2011

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