Green’s Dictionary of Slang

(US campus) favourable, enjoyable.

1986		Eble Campus Sl. Nov. 7: presh – favorable, good.
1996		Eble Sl. and Sociability 36: The most frequent pattern of clipping is the loss of sounds from the ends of words: [...] presh, from precious ‘favorable, enjoyable’.
2012		C. Eble (ed.) UNC-CH Campus Sl. 2011.