A group of recent college graduates embark on a series of misadventures in the real world. There's Kirby (Emilio Estevez), a waiter who wants to be a lawyer; Kevin (Andrew McCarthy), a moody writer who yearns for the wild Jules (Demi Moore) ; Alec (Judd Nelson), whose political aspirations alienate his girlfriend, Leslie (Ally Sheedy) ; and Wendy (Mare Winningham), a quiet girl in love with Billy (Rob Lowe), who juggles roles as husband, dad and drunk. Together they grapple with adulthood.