Green’s Dictionary of Slang

popsicle stand n.

(US campus) wherever one is currently situated (see also blow this popsicle stand under blow v.1

[US]Current Sl. IV:2 8: Popsicle stand, n. Dormitory.
[US]Eble Campus Sl. Nov. 6: popsicle stand – current location: Let’s blow this popsicle stand.
[Aus]J. Birmingham Tasmanian Babes Fiasco (1998) 213: ‘Well, let’s blow this popsicle stand,’ said Taylor.