Jo is given a job house sitting for actor Richard Moll in Malibu, which is fortunate since she is unemployed and homeless at the moment.
Richard Moll returns home to find that a running bathtub has flooded his place while in Jo's responsibility.
A professor with a reputation as a playboy causes rumors to be spread around school when Blair starts spending time with him.
Natalie is assigned to do a feature story on the school's ROTC program, but she fears the job when it is discovered that she must make a parachute jump from an airplane.
Jo enjoys her new job at the community center doing social work, but soon finds out there is no money left in the budget to pay her salary.
A girl arrives from Australia named Pippa, who claims to be an new exchange student at Eastland.
Tootie goes on a date with another man when her boyfriend says he can't make it to the winter carnival.
Blair is awestruck when the honor student she invites over for a study session, seems more interested in Beverly Ann.
Blair runs off for tea with a friend, leaving her baby sister with the gang, only to return to find out no one is sure where she is.
Beverly Ann has a glimpse of what life would have been like if she had never come to Peekskill. Blair's finances, Tootie's engagement, Natalie's freedom , Pippa's self respect, Andy's home life and Jo's life are all affected.
A look in the future, 40 years ahead to be exact, where the girls are older but still live together in the same place.
Andy's new big brother is hiding a secret, which maybe why his is living each day as if it was his last.
Jo's father isn't to pleased when he hears that her new boyfriend has a job as a piano player at a restaurant.
Blair becomes an intern at a law firm and is assigned a murder case. He appears to be guilty to everyone, except for Blair.
Natalie and Tootie's boyfriends don't exactly see eye-to-eye when they meet for the first time. Meanwhile, Jo is furious over a repair job on her bike.
Natalie and Snake spend their first night together, and she fears the reaction both her friends will give and what Snake is feeling.
A day at the spa does not turn out as expected when Jo and Blair get invited as guests of a musical sponsor.
Blair is worried how she will be perceived after her forehead receives a cut in an automobile accident, ruining her perfect appearance.
Everyone is excited when Rick proposes to Jo, all that is except for Jo, who has yet to say yes or no.
Jeff's grandmother gives Tootie a pendant as an engagement gift, which she feels is too ugly to wear. But when Andy and Pippa throw a wild party, the necklace is battered and causes Tootie to panic.
Jo's job at the social services center puts her into action when the supervisor for suicide prevention threatens to jump from the top of the building.
Natalie's new roommates are not as she had expected when she makes her move into a Soho apartment in New York City.
When Eastland threatens to close due to bankruptcy, Blair comes through and purchases the school in order to keep it open, but needs to interview for a new headmaster and round up students.
Blair makes herself the new headmaster and works on her first task, convincing a young girl to stay in school.