Brother Marcus thinks that Hector is smarter than he looks - a low bar. The other students still think he's an idiot. I'm with the brother.
If Hector really is a ghost, than he and Professor Hautwyrm may haunt this place, together, forever. That would serve her right.
But we've had opinions opined in the strip that ghosts aren't real. So if Hector is pretending to be a ghost, then he survived the first fall into the bottomless pit, and might survive this one as well. After that there's a couple ways it could go - does he also save the Professor? If so, who gets the Iram Solis, and what do they do with it?

Would a ghost actually drag someone?