What is the conventional wisdom among BS families of the 'buckets' when it comes to college admissions?

I can think of a number of things that “BS” stands for, some college related, some generally applicable.

Sometimes, it might be helpful to spell out too-common two-letter combinations?

I deal with a lot of BS all the time, and (in a bind) buckets are helpful in that context - but I suspect that might not be the topic?

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