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Scamford 

An overrated and overpriced institution of higher learning, suspected of grade inflation, that graduates a cadre of pompous individuals with a sense of self-entitlement.
Although he would likely achieve a lower GPA, Peter ultimately decided to attend Berkeley as opposed to Scamford, in order to avoid huge loans and the scorn from his friends who attend public university.
Scamford by NorthernExposurePole February 21, 2015
Related Words

Scamlord 

A landlord that rips tenants off by abusing their powers. I.E. like renting out a piece of shit apartment infested with rats, in need of many repairs, containing shit stained carpets, broken appliances, etc...
"Thank god I do no longer have to pay the -scamlord on the 1st of the month. He's a total prick!"
Scamlord by Shorty Crunk June 8, 2009