Lyric discussion by getlostbecca 

Well, I think this song is about making a mistake and dealing with the repercussions from it. I don't have an answer for the part about the parents signing the paper, but I think it's talking partially about an unplanned pregnancy:

"Hold the answer to the light, see your future Two line blue line tragedy "

As in - home pregnancy test. But that is just what pops out at me.

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