- Written by Alan Thicke, Gloria Loring, and Al Burton
- Originally recorded in 1980
- Sung by Gloria Loring

You take the good, you take the bad
You take them both and there you have
The facts of life, the facts of life

There's a time you got to go
and show your grow'n and now you know about
The facts of life, the facts of life

When the world never seems
To be living up to your dreams
And suddenly you're finding out
The facts of life are all about you

It takes a lot to get them right
When your learning the facts of life

Learning the facts of life
Learning the facts of life