Top definition
banklownedcollege
The feeling resulting from finally recognising exactly how much money you have lost by taking out a loan without carefully studying the interest rates before applying, driven by greed.
<Victim> Oh my god, I can't believe how much money I'm spending each month paying back this loan for my new bathrooom!
<Friend> Banklowned!
by timelapse September 15, 2006
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