Jack, a soon-to-be graduate, finds he's having a difficult time letting go of the college life -- and decides maybe he doesn't have to. Also questioning whether there's life after college are Jack's roommates: Rob, who fears domestication; comic-strip artist Mickey, who's shy around girls; intellectual party animal Slosh; and perpetual student Dennis.

The Lone Rangers have heavy-metal dreams and a single demo tape they can't get anyone to play. The solution: Hijack an FM rock radio station and hold the deejays hostage until they agree to broadcast the band's tape.