As graduation nears for the class of 1955 at Angel Beach High, the gang once again faces off against their old enemy, Porky, who wants them to throw the school's championship basketball game since he has bet on the opposing team.

Faye Hanlon is a community-college professor with an emotionally depressed husband and an abundance of sexual frustration. Her sister drags her to a male strip-club for a girls-night out, where she discovers that one of the dancers is her failing student Rick Monroe, a.k.a. "Ricky the Rocket". A heated affair between teacher & student ensues, as Faye struggles to reconcile her emotions and make consequential life choices: Continue her lustful sessions with the studly-but-shallow teen stripper? Or break it off with Ricky & work to salvage her marriage to the loving-but-distant husband?