On their semester break, Dylan and Brandon take a motorcycle trip through California and they end up being subjected to slave labor by a Native American sheriff for trespassing on a reservation, which helps dissipate the tensions between both of them over Kelly. Meanwhile, Kelly benefits from attending psychology workshop seminars run by a famous, psychology professor named Patrick Finley. Donna tries to help Ray get over his stage fright on the eve of his debut at the grand opening of the Peach Pit After Dark. Steve spends the weekend moping over his father, Rush, taking over the Peach Pit After Dark club from him.

Hypnotic regression leads Dylan to a past life where he is Billy McCoy, a gun-slinging outlaw in the Wild West, until he meets an upper-class woman (in the form of Kelly) to redeem his outlaw ways. Meanwhile in the real world, while Kelly goes to New York with Steve to meet with modeling agencies, Valerie turns her sights on Brandon who is hoping to be re-elected student body president. But Brandon runs into all kinds of problems when news of college tuition for undergraduates will be increased, he is criticized for not looking after the students best interests. As a result, Brandon's political rival, Alex Diaz, enters the race as a new candidate and wins by a landslide.