Students Getting Sued?
They already have.
These kinds of legal cases are still pretty new and the law is developing as more and more cases are brought to court. But for now, if you download music or other copyrighted materials without paying for it, you just may end up in the poorhouse.
Harmon, Amy. "Suit Settled for Students Downloading Music Online." New York Times 2 May 2003, late ed.; A22+.