In her bedroom, Felicity wakes up suddenly with a gasp. She walks into Noel's room and finds him fast asleep. She calls to him a few times, but he doesn't respond. She annoyingly asks him whether he's awake, like wouldn't he already be talking if he were? Felicity tells Noel to forget it, and makes to leave. Noel stops her and asks what's up, and if she had a bad dream, and calls her over. Felicity walks over and squats down next to his bed so that she's at his eye level. She shakes her head over her own silliness, and then explains that in her dream there was an alligator that was eating Noel, and eventually killed him. Then the alligator started chasing Felicity. Noel doesn't appear too upset by this dream. Felicity sighs, and then asks Noel what will happen this year, and how they got so old, and how did they get to be seniors already? Felicity's wondering how they got so old gives me mixed feelings. On one hand, if they're old, I'm practically walking with a cane and gumming my food. On the other hand, after recapping some of the first-season episodes, the characters do seem a lot older. Noel points out that he already graduated. Felicity points out all the ways in which things will change: Elena's getting married; Noel will go off and get a job and Felicity will never see him. Noel says that he doesn't have a job yet, but Felicity is sure that he'll get one. Noel explains with his one extra year of wisdom that Felicity is "panicking about the future because, for the first time, [she] can actually start to see it." Noel reminds Felicity that she's going to do that Honors Arts Program. Felicity admits that she hasn't even applied for it yet, because she's too intimidated by "Jeremy Cavallo," the instructor. Noel thinks that Felicity's portfolio is amazing. Felicity worries that Cavallo will look at her portfolio and say that she's not good enough. Noel is sure that won't happen, and pronounces that this will be "the best year of [her] life." Was Noel's senior year the best year of his life? Between the marriage, and the divorce, and the Leon stuff? Felicity thinks that over, and whispers, "Then why do I feel like this?"