The 'Nettspend Rhonda Situation' refers to a viral moment and recurring lyrical theme involving the underground rapper Nettspend and an administrator named Rhonda from his former school. The meme gained traction within the 'drainer' and underground rap communities as Nettspend flexed his newfound wealth and fame against the authority figure who likely doubted his path. Specifically, the phrase 'I Got Racks Now Rhonda' has become a rallying cry for young fans to showcase their own successes or parody the rapper's distinct aesthetic. The template is widely used on TikTok and Twitter to represent defiance against traditional education or to mock-flex on anyone who didn't believe in the user's potential.