Originated on the radio show "Loveline", hosted by Dr. Drew Pinsky and Adam Carolla. Refers specifically to Drew's high school, but can be used to denote any fancy-pants school that caters to spoiled rich kids.
Right, but where Drew went, the Little Lord Fauntleroy School for Albino Hemophiliacs, the mascot was Lord Jeff. Lord Jeff?! You have a dead white guy as your mascot?
A man of low breeding and intelligence, who has, through having nouveau riche parentage (garage owner, scrap dealer, etc) gone to a moderately posh, but obscure Private School. This has given him a HUGE overestimate of his worth in society - but at the end of the day, he will happily bend over for his Lord’s pleasure.