School Spirit Skit 1 by Kanye West is a short comedic interlude from his debut album The College Dropout. The skit mocks traditional academic achievements and the perceived importance of college degrees. The fictitious fraternity, 'Broke Phi Broke,' humorously illustrates a group of college students who are broke and struggling financially despite their education. Key themes include satire on higher education and financial struggles among students. The skit critiques the societal pressure to pursue college degrees and the reality that it doesn't always lead to financial success.