Dreams of going off to college in my younger years
Then the whole thought of it sounded nuts I had dumbo ears
Did about a semester then I was outta there

from Ab-Soul – Soul Cry Lyrics on Rap Genius

Meaning

He use to assume that he would graduate college but dropped out after a semester.

He compares his choice to head out to college to the silly ears of Dumbo, which is an elephant character from the classic film Dumbo.

Elephants are associated with peanuts. Ears are what you use to hear sound so it “sounded nuts”.

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