it is a situation one finds himself or herself frequently in college, when two or more papers are due in different classes in a short period of time. This results in staying up late, putting off everything else, and writing paper after paper until you feel like quitting school.
How to use this term:
You: "Sorry man, I can't do anything this week. I have two papers due today, one tomorrow, and one the next day."
Me: "Dang, you are totally getting paper raped right now."
You: "Yep, it sucks..."