Term coined by Beavis and Butt-head, refers to music in the 80s and 90s that was somewhere between alternative and artsy-fartsy, usually involving pretentious lyrics, too-artistic camera shots, and whiny or disinterested vocals. This music evolved into Indie Rock.
From the show:

Pavement
The Flaming Lips
Violent Femmes
The Dead Milkmen
... and many others

Quotes:

Beavis says "Hey Butt-head those houses look fake" to which Butt Head replies "Yeah that's like the whole point of college music, to make the suburbs look bad."
by uhhrrr3333 January 14, 2007
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Music that the general crowd of college goers, usually Jeep driving lacrosse players, will listen to. Leans toward "alternative", and is ultimately a softened down form of radio-friendly rock music.
Dave Matthews is a yuppie and makes college music.
by Emperor May 19, 2004
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