Fancy and educated, too (8)
I believe the answer is:
likewise
'too' is the definition.
(synonyms)
'fancy and educated' is the wordplay.
'fancy' becomes 'like' (I've seen this before).
'and' is a charade indicator (letters next to each other).
'educated' becomes 'wise'.
'like'+'wise'='LIKEWISE'
(Other definitions for likewise that I've seen before include "In addition, similarly" , "In a similar fashion" , "In similar manner" , "Ditto, similarly" , "Also; similarly" .)