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The preppy lifestyle is one of the most infamous lifestyles in the U.S. The term "Preppy" came from the nickname "prep", which was given to those who attended college preparatory schools (a.k.a private). Preps are often associated with the wasp's of the North East, but there are some Preps further south. Most Preps are known for coming from old money, but there are some that are middle class or didn't come from money. One of the most important things I can emphasize is that preppy is a lifestyle, not a trend. The lifestyle is what makes a prep, a prep.