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- "Oh bra, 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.
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).