I don't believe that.
3 seconds sound clip from the Billy Madison movie soundboard.
You can hear this line at 00:13:16 in the Blu-ray version of the movie.
Quote context
[...]
- I think Crazy Carl is right.
- I mean, I can do this if I set my mind to it! High school was a pain in the ass, but I graduated.
- You graduated because I paid your teachers to give you decent grades.
- I've regretted it every day since.
- What do you believe? That you were an honor student?
- How could I hand over my company to someone who couldn't even get through school on his own?
- I don't know. Don't think about it. Just hand it over.
[...]