It's graduation day. At the Fairytale Kingdom's premier high school, students give speeches of hope and boundless optimism as they mark this exciting transition in their lives.

Charlotte, the miller's daughter, will do anything to marry her former beau, Prince Philippe: even claim she can spin straw into gold. Then, of course, there's Rumpelstiltskin: a short, malformed, "straight F" student, who doubts anyone even knows his name.