i dont think its interesting

I agree. I mean: Why would you learn how to spell? It's not like anyone cares about that in say, your application letter right? I'm sure that there are plenty of companies that'll hire someone who can't spell, can't think of a project and after three years of programming still doesn't even know what Linux is. Especially in this time, where the jobs are so easy to come by.

Good luck with that!

There's a more important question.

Who's gonna employ these idiots so they can pay taxes to fund my pension?

You could always write a new filesystem
http://en.wikipedia.org/wiki/Ext3

Project in linux? Make a compiler for linux.. Even better, make a cross platform compiler that uses a portible assembler. That seems somewhat perfect for you (low level).
But really, you don't know what the *nix's are? There only used for... about every magor computing field there is! You need a cup of Ubuntu (or some other Linux distro), stat!

you can do a web site for a factory or a school or an institute ...
i am from libya and i designed a web site for a water factory ...
they love my project .. but that was not my graduate project
i am looking for a new big idea too .