Edit: Disregard this first post. This is not a bug. However, a bug is listed in the third post of this topic.
So yeah, I just joined the College of Winterhold, and my first assignement is to go listen to an old fart called Tolfdir. During the lesson, he asks me what I think of what he said about security. At that point, the mana bar doesn't show up anymore if I cast a spell, and I can cast a spell like flames for as long as I want.
My character is a level 6 argonian mage with nothing but the Cursed Rring of Hircine equipped.