The story comes from the "beauty pageant" in the semi-rural Utah town of Brigham City held every year during the second week of September as part of the Peach Days festival. It means about as much as the package being carried by the deliveryman in a porn film.
Note: The winner of this pageant is no longer called the Peach Queen.
Aaron: Christ. She's been peachqueening all week about getting her GED. That would be good if she was 16. But she's 31.
Julie: Hey, losers. I just graduated! I got my high school diploma! And a $.50 raise!
Justin: It's a GED, not a diploma. And you're still a cashier.
Aaron: *doesn't say anything because he's laughing too hard*
Julie: You're just jealous because you haven't graduated yet, little boy. You still have three months to go.
Aaron: *almost choking* Yeah, three months of Grad School!
Justin: Oh, c'mon, GED does have as many letters as... PhD.
Julie: Yeah, but it's later in the alphabet so I'm better. *skips away, all 250 "free with coupon Oreo"-fed pounds of her*