The term used commonly to poke fun at someone who has made either a spelling or gramatical error whilst trying to appear as a person of intelligence. This is emphasised with the intentional mispronounciation of the word "educated".
Sarah: "I really hope they make an inception for me, seeing as how I'm new to this."
Luke: "It's exception idiot. Damn, I can tell that you've been well edumacated.
When one person in a relationship thinks the other is going to break up with them they decide to dump the other first. Except the person never had intentions of dumping the other and now there are huge regrets. They acted in haste, and had Premature Edumpulation