AP is a first year university course that you an take in Highschool. If you get a 3 or 4 out of 5 for your exam mark some universities let you skip a first year course. So if you want to get a degree really quickly it can help or you can repeat the course and get higher marks.
Not a lot of people take these courses and that is where the geek factor (or nerd factor)seems to come in.
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