You live in a basement, me, I'm in a castle
And since I'm a drop-out, that's my cap and tassel

from Joe Budden – What Y'all Want Lyrics on Rap Genius

Meaning

Very good multi syllable word play and juxtaposition exhibited here.

Joe juxtaposes (compares two things) a college graduate and drop out side by side. He plays on the fact he was a drop out but lives in a mansion, yet the college graduate still lives in his mothers basement.

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