is telling the story of his Senior Year at William Ocean High School.
After the assembly, Corey seeks out Tiffany Houston, his lifelong neighbor whom he has been in love with since they were children.
Cyndi enters and introduces her friends Melanie and Kimberly Easton, or Mel & Kim as they prefer to be called.
Cyndi introduces Mel and Kim to the popular boys, and plans to set the two of them up with Huey and Lionel.
Tiffany tells Corey that her team is having trouble with getting Michael to actually focus on creating a campaign.
However, after a small scuffle, Michael Feldman and Billy Arnold, together with Lionel Astley and Huey Jackson, end up stealing Corey's concert idea without his knowledge.
On election day, Michael recruits the cheerleaders to help make his presentation extra flashy ("Mickey").
takes the stage again to tell the audience about how, after election day, he started having nightmares.
They all agree that the things they love from the 1980s, like Star Wars and the Atari, will be around forever.
He falls asleep, and dreams of a world in which he is a Luke Skywalker character, and Tiffany is his Princess Leia.
She is taunted by Cyndi for liking the band Air Supply, but is fast friends with Laura and Debbie, who lie about their multiple boyfriends, telling Eileen that they are on "business" in Miami ("Let's Hear It For The Boy").
Just as they are about to kiss, Laura and Debbie run in, alerting Mr. Cocker that Feargal is being beat up by two junior girls.
After lunch, Michael, Huey, Lionel and Billy slip a fake love letter into Eileen's locker.
Mr. Cocker is angry that she never told him, and refuses to see her ("You Give Love A Bad Name (Reprise)").
Mr. Cocker agrees, and calls an assembly where he announces the concert will commence, under Corey's direction.
The concert is a huge success, with the cast lined up in full 1980s garb to sing to their parents ("We are the World").
Corey's parents are away in Indianapolis, so he throws a huge party at his house ("Dancing on the ceiling").
Back at school, Michael, Huey, Billy and Lionel continue sending Eileen fake love letters.
Michael and his gang tries to leave the scene, but Feargal stops them, demanding they go apologize to Eileen immediately.
Then, Mr. Miyagi, in Feargal's head, guides him through what to do, and he beats Michael to the ground in front of Huey, Billy and Lionel.
Corey calls over Alf and Kirk, and together the three of them assure Eileen that she is well-liked, and that Michael and his gang are the only jerks ("Come On Eileen/Don't Worry, Be Happy").
He recalls his high school memories fondly, and leaves the stage, telling his younger self to have fun.