Golly, I call the University of Ottawa "the U of Owe" and "The U of Zero", and my wife and I add some $16,000 a year to its tuition coffers. And I call Carleton University "Cartoon U". I hold a genuine Master's degree from there. My wife's a grad of Cow College or U of Goo (the University of Guelph). I dropped out of Rye High (Ryerson) but graduated from the University of Waterloo, which, I don't believe, has a nickname I can print.
I thought it's normal to make running jokes like that.
Look, everyone just take a Valium.
(All prescriptions filled, of course, by grads of U of T, or do I have to spell it out for you?)