Inspect HTTPS traffic from SWF files

The whole lot is encrypted^† - all the headers. That's why SSL on vhosts doesn't work too well - you need a dedicated IP address because the Host header is encrypted.

^†The Server Name Identification (SNI) standard means that the hostname may not be encrypted if you're using TLS. Also, whether you're using SNI or not, the TCP and IP headers are never encrypted. (If they were, your packets would not be routable.)

It drops the students table.

The original code in the school's program probably looks something like

q = "INSERT INTO Students VALUES ('" + FNMName.Text + "', '" + LName.Text + "')";

This is the naive way to add text input into a query, and is very bad, as you will see.

After the values from the first name, middle name textbox FNMName.Text (which is Robert'); DROP TABLE STUDENTS; --) and the last name textbox LName.Text (let's call it Derper) are concatenated with the rest of the query, the result is now actually two queries separated by the statement terminator (semicolon). The second query has been injected into the first. When the code executes this query against the database, it will look like this

INSERT INTO Students VALUES ('Robert'); DROP TABLE Students; --', 'Derper')

which, in plain English, roughly translates to the two queries:

Add a new record to the Students table with a Name value of 'Robert'

and

Delete the Students table

Everything past the second query is marked as a comment: --', 'Derper')

The ' in the student's name is not a comment, it's the closing string delimiter. Since the student's name is a string, it's needed syntactically to complete the hypothetical query. Injection attacks only work when the SQL query they inject results in valid SQL.

^{Edited again as per dan04's astute comment}