I'm a year away from graduating from university, and I'm really looking forward to solving practical problems. Especially non-trivial ones which require a bit of research and a lot of thinking.
But at the same time, that is also my greatest fear - being faced with a problem that I'm unable to solve, no matter how hard I try. And with pressure to deliver code on impending deadlines just around the corner, it does look a bit scary when viewing it from the safe playgrounds on uni (where the worst thing that can happen is that you have to redo a course or exam).
So for those who have been in industry for any longer length of time, what would happen if you were told to solve a problem that you couldn't? Has it happened, and if so, what did happen? Did they just drop it and said "Oh well, guess we can make do with something else"? Were there consequences? Were you reprimanded, or even fired?