It looks good. Couple things.
As noted above, a little to long- 2.5 to 3 minutes should be long enough.
To many shots of the young boys, trim it down, use the shot with the beer were they push the kid back off the bridge, use the slushy throw at the cops and a couple other shots. People want to see action even if it is dramatic.
Also, don't think of this as a sequence of events, maybe open with a sand shot(which awesome) because it will grab your veiwer, then maybe cut to a shot of the band, etc... It doesn't need to make sense, the more varitey the better. Then maybe you don't see another shot of the sand till shot 10. Don't worry about telling a story so much as showing your best shots in an ADD sort of manor.
Last thing- this may suck, but I 'm just being honest. Maybe find a song that is a litttle less drab. It's a good song but it doesn't drive the edit. Find a "rock", track that still grooves, but has a climax and sway of emotion.
Other than that you have a nice reel for someone just out of school. Spread it around once you tweak it.
"Tunnel vision is the worst, and we all have to fight it."