An Instant Messaging term made up of two phrases, '
school' and 'lol.'
The word 'schoolol' is the answer you give on
MSN or AIM when someone knows full well you've been to
school yet will still ask you 'wubu2?'
Jonothan: Hi Steph, wubu2?
Stephanie: Schoolol!
Idiot!
Stephanie: wtf u stoopid
idiot, u jus walked me home?
Jonothan: Yeah I know but like...
Jonothan: You want some mineral
water?
Stephanie: Yeah, plz!