Green’s Dictionary of Slang

(US campus) drunk.

1985		Eble Campus Sl. Oct. 10: ted – drunk.
1996		Eble Sl. and Sociability 13: Sometimes a new slang form either replaces an earlier one or provides another synonym for a notion already named in slang, like ramped, ranked, ted (from wasted), and toe (from torn) for ‘drunk.’.