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!