A term used by obnoxious college students (usually freshmen) to refer to the apparently unique lifestyle they are currently living. Very commonly used on Facebook, especially as a photo album title, usually containing numerous pictures of drunken bitches with case upon case of Keystone Light in the background.
Example #01:
Asshole #01- "Ohbra, I have like, a one page essay due tomorrow and I'm freaking out!"
Asshole #02- "That sucks! Welcome to the college life, man."
Example #02:
Slut #01- "So, like, last night, me and Slut #02 went to this party, and like, we got sooooo drunk, and then like, someone slipped us roofies, and I guess like, we got gang raped or something! I'm not sure, but my butthole hurts! Hehe!"
Slut #03- "Ahh. The college life."
A type of phase college students go through fearing that once they graduate, they’re gonna think to themselves, “why was I so boring during college?”.
Alice: What’s with JJ? He almost got caught spray painting on the dorms!
Bob: Sorry. JJ’s going through a College-Life Crisis right now. he’s trying to keep himself from being remembered as lame.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.