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If my cumulative GPA isn't at least a B at the end of the semester, I won't progress to my second year of grad school. Pretty standard for U.S. grad programs. I took off a bunch of time between undergrad and grad, and I'm not used to having four assignment deadlines each week. So yeah, if I have to go back to working in industry, my quality of life will be infinitely better. Meh. Sorry to hear you got stage fright. I totally bombed my first midterm last fall, but did OK on other tests. I still have nightmares about sleeping through undergrad exams, so I can't wait for the psychological repercussions that my grad school career is currently shaping. When do you find out the score?