Horror Movie Survival 101

You are a high school student in an average suburban neighborhood. Lately, you have been having terrible nightmares of a man with horribly burnt skin and a glove with long razor-like finger blades stalking you. One by one, your friends have perished in their sleep, having the same dreams as you. The figure in your dreams seems to feed on your fear of it, and can alter the dream world and himself to whatever form he desires. You can't stay awake forever. Sooner or later, you will fall asleep. And when you do, he'll be waiting for you.

What do you do?