Defined as the brief delusional feeling of guilt or agony felt by university students after recently finishing their finals, that they still assume that there is an exam out there or somewhere that he/she needs to study for but in reality there isn't. This phantom pain symptom usually occurs after a university student spends 2 weeks or more prepping for their finals in order to save their GPA.

Medical students are the most vulnerable.
Jon: Hey Richard! Excited for our winter break after long hours of mental burnouts and late nighters.

Richard: I wish i could enjoy it but whenever i wake up from bed but i still feel like we have phantom exams.

Jon: same bro, same.
by LOOOOOOOOOOOOOOOOOOOL December 14, 2018
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