What is Give It The Ol' College Try?
1.
A demonstration of intent to half-ass a given project, and an indication that the project might come to fruition, but more likely won't.
Synonym for the Arabic phrase "Insha'Allah"
Bill: Are you going to have those TPS reports done by Friday?
Fred: I'll give it the ol' college try!
See
2.
To join up with some friends, get some cheap beer, order a pizza, and forget about tomorrow.
Compliments of Bill Watterson
YOU- "Whatta we doing this weekend?"
FRIEND- "We'll give it the ol' college try."