After the health physicals are finally passed, Richie and his buddies are all set for graduation, the last big hurdle before the great big, wide world calls them on to other things. There is a problem however with Fonzie. As we know, Fonz got his diploma by attending night school and, as such, will be the only night school graduate at the ceremony. As the only person from his particular school, he expects to be able to make a speech but it seems as though time constraints will make this impossible.
The gang don't want Fonzie to be left out in this way and so they decide to deliberately speed up as many aspects of the ceremony as possible so that Fonz will have his say after all.
Very dull, there are plenty more episodes in Season 4 which are way better than this one.