School's Out! (1992)

The kids of Degrassi Street have all graduated and are spending their last summer together before heading off in separate directions. Many stories are going on here: Joey, Kaitlin, and Tessa get involved in a love triangle; Snake makes a fool of himself acting as a lifeguard; Wheels shows signs of a drinking problem. Everything comes to a head at an end-of-summer party at Bronco's cottage.