Birdnutz-
I was diagnosed with degenerative disk disease when I was 22 and I was recently treated for 7 pinched nerves and two bulging disks. I spent 4 months in physical therapy but it was so worth it.
My word of advice- DO NOT have surgery. Do everything you can to avoid it. Look into different options like acupunture, chiropractic, etc. I was very leary of the chiropractor but she was able to align me back up, do physical therapy, and the results are amazing.
I would get more information before going on with this. Get a second opinion, read up, talk to people, etc. Do not do anything you're not sure of. And, I can't stress this enough, do not have surgery. That is a last resort ONLY! 
Get rest, do not over extend yourself, and stay off your feet for as long as you can. The worst thing you can do is ignore the pain. If you do something and it hurts, stop. Take this from someone who's been to the hospital, on muscle relaxers, vicodin, etc. It's just not worth it. You only have one back. Take care of it!