The film focuses on high school graduates (including Matt Lattanzi and Crispin Glover) as they attempt to lose their virginity during the summer vacation before college, and one's eventual relationship with his French tutor (Caren Kaye).

The movie's two protagonists are featured in these scenes, with Terry Green (Kaye) participating in the aerobics and Bobby Chrystal (Lattanzi) taking, not very well it turns out, his last high school final, in French.

Soon, though, the poor results of the French final are in, and Bobby must take a make-up examination and score at least 85% to retain his acceptance at his wealthy lawyer father's alma mater, Yale University.

In addition to her normal compensation, Mr. Chrystal offers to give Terry a bonus payment of $10,000 should Bobby pass.

At night, after she thinks everyone in the Chrystal home is asleep, Terry uses the family's pool to skinny dip.

However, Bobby sees her one night and begins watching her regularly (especially as his group of friends fail several attempts to lose their virginity).

After yet another evening out with his friends, Bobby returns home to find an upset Terry, who had earlier discovered her on-and-off-again boyfriend cheating on her.

Bobby reacts by angrily confronting his father in regards to his overbearing ways and tells him that he will be attending UCLA to study astronomy, and now that he is an adult, he will no longer allow him to dominate every aspect of his life.