What happens to a 16-year-old for doing 55 in a 35?

Your age has nothing at all to do with it. If convicted of speeding, you may lose your driving license for a period of time, and have to pay a cash fine, as well. And your insurance cost will definitely go up, once the conviction is on your state driving record. Unless you have an un-limited amount of money to pay for fines and increased insurance costs, the best advice I can give you is SLOW DOWN. I'm sure that this time, when you got CAUGHT, was not the first time that you were speeding,was it? Learn from your errors, or pay the price for stupidity. Your choice.