This is the time of year when senioritis takes hold, and many high school students choose to cut loose and party. High school is over (or nearly so), and seniors often celebrate by engaging in pranks, drinking, or using illegal drugs.

Unfortunately, if teens are caught, they face severe consequences that could have a lasting impact on their future. Case-in-point: drug possession charges or other criminal activities are likely to disqualify students for federal financial aid, and could also [...]