Also known as Reading Week, it's a University student's equivalent to March Break.
University student 1: What are you doing for Reading Week?
University student 2: Not much. Think I'll veg on the couch and watch soaps all day. You?
University student 1: I think I'll work on my Methods (Sociology) assignments and study for the midterm. Haven't decided what else I'll do.
University student 2: Happy Slack Week