What to do after failing out of grad school? So I'm technically a graduate student. My school allows people who are studying a certain subject apply to the graduate program early, so if you get in, you get to work on your master's at the same time as finishing your bachelor's degree. Anyway, I applied and got in. I am also only 20. So the plan was to graduate with both degrees by the time I was 22. Here's the thing though, I think I'm going to be academically dismissed. The rules are that you cannot a C in more than one class. I got a C in my last class and it looks like I'm going to get a C in this class too unless I somehow get a 98% on the final. Unlikely, but I guess anything is possible. 

So my question is, what do I do if I fail out? I don't have my bachelor's yet. I'm only 20 and if I'm being completely honest, I don't think this is something that I want to do anymore. I'm just not passionate and my level of caring is so low. It's probably why my grades are so bad. I just don't care anymore. I just can't deal with the fact that I'm probably going to fail out.
Welcome to the real world.

If you can still get a bachelor's degree, I strongly recommend you do it. The number of jobs that require a bachelor's degree is much larger than the number of jobs that require a masters (which is in turn larger than those that require a PhD). If you can't get a bachelor's degree, you'll really have wasted a lot more years of time and will probably be forced into an uninteresting low-pay job.

The next thing to do is look for a job. Use your local job repositories or job search portals. Figure out what you want to do, and approach the companies in that area to see if they're hiring. If you don't know what you want to do, then look for jobs that require the skills you have. For example if you're trained in psychology, look for jobs that require a degree in psychology. You should also use your network. When I left my previous job, the vacated position literally "fell into" the lap of my replacement. I told my Honours supervisor I was resigning, and she recommended my replacement.

Then prepare a CV that caters to non-academics, stressing what you learned in university. Especially emphasize the transferable skills. For example if you learned the programming language C++ during your university days, and the job you're applying to needs programming skills, you're in business. Be aware that you'll likely be interviewed before getting hired, and one question you are odds-on to be asked is "why did you not finish graduate school". I would recommend preparing a good answer.

There's a lot of advice out there on how to find a job. It's up to you to look for it. Unless you stay in academia forever, you'll end up in a job search eventually. If your university has a career center, absolutely visit them. They're a great resource.