Loud static when using headphone jack
I've had my 13.3" MacBook Pro for three months now with no issues, yet today when I plugged in my headphones to listen to some music this immensely loud static noise started playing. It's the same with any kind of headphones or earplugs I use, or any kind of audio at all. It's inconvinient because I'm in the middle of editing a film for a client and can't use my headphones for full sound quality.
Any ideas?
MacBook Pro, Mac OS X (10.7.3)