Marissa approaches her mother at the bar to share her "big news." Julie says that she already knows what it is -- Jimmy called her last week to run the idea by her before bringing it to Marissa. And while Julie will miss Marissa terribly, she thinks that Marissa should go with Jimmy if she wants to. There's nothing about Julie, how she would rather Marissa go to college or anything like that. Great job, Mom. Kaitlin makes an uninvited appearance to say that she knew about this, too, since Jimmy called her for her opinion, as well. Kaitlin has decided that with Marissa away from home, she should come back to Newport -- "for good." I think that's more "for bad." Julie starts to cry with sadness. She demands a Cooper family hug, and her daughters oblige her. With that, Julie gives Marissa her graduation gift -- a pearl necklace. How porny! Hey, how come Marissa hasn't died yet?
Dawn also has a graduation gift for her Ryan. She leads Ryan through the parking lot to show him the Toyota 4-Runner she managed to buy him with some help from her boyfriend and a guy they know who restores old cars. It's no Range Rover, to be sure, but Ryan absolutely loves it and gets all childishly excited with his "you got me a car? You go me a car!" Awww. When those two have such warm moments like these, it's easy to forget how Dawn abandoned him three years ago. She runs inside to get her stuff so Ryan can drive her home.
Taylor Townsend drops by the party to say good-bye before heading off with Sung-Ho to his family's village where they will spend the summer defusing landmines and probably having sex with each other. She thanks them for allowing her to be "second-circle core," and despite the fact that she makes up names for the hierarchy of her friendships, Seth invites Taylor Townsend to join their inner core. Which is easy for him to say now that she's going off to Korea and then to university at the Sorbonne so they'll never have to see her again. "The Fab Five!" Taylor Townsend exclaims. Oh, but there's no need to complicate things by adding a number, Taylor Townsend. I'm sure something will happen that will bring your group's numbers back down to four any moment now. "I'm so happy! And so sad," Summer says. Taylor Townsend doesn't get that she's being insulted, though.
Marissa gets a call from Volchok. He apologizes for being a dick and promises to make things up to her. Marissa rejects this offer, so Volchok decides that the best way to ingratiate himself to her is to threaten to "make things real bad for Ryan."