The episode begins in an imaginary version of Greendale Community College created in the mind of Abed, titled "Abed's Happy Community College Show", which features parody elements poking fun at sitcom cliches, including the use of multi-camera production, a laugh track and the character of "Pierce" being portrayed by a guest star (Fred Willard).
Abed is using the fictional show as a coping mechanism to deal with fear of losing the study group following graduation.
During the episode, Troy and Britta's newfound relationship becomes strained, and Annie attempts to pull pranks on the Dean.
After, it is revealed that Dean Pelton has moved in next-door to Jeff at his apartment building, and that Greendale will have to offer another history class or lose "like $40,000 in grant money."
[1] Eric Goldman of IGN rated the episode 8 out of 10, remarking that he felt "cautiously hopeful about a show that has gone through many changes".