Along with such status comes an unwritten license to walk on water. You'll be able to do whatever you want, whenever you want. I'm currently inventing my own sport just so I can be captain of the team, and I'm recruiting players for Spring. Academically, don't allow anyone to fool you. No one does anything ahead of time.
Procrastination is a religion.
Everything is done the night before it's due, whether it be a 2,000-word essay or a translation of an entire Goethe novel. Surge and Double-stuffed Oreos usually do the trick. If not, try Mountain Dew and Skittles or Jolt and chocolate-covered espresso beans. If you find yourself in a class you know you're going to fail and cannot drop, don't kill yourself in a futile attempt to pass. Tell your philosophy professor he exists only in his imagination.