A Broadway producer puts on a show at his alma mater.

The annual Varsity Show at Winfield College is shaping up to be rather dull under the uninspired direction of Professor Sylvester Biddle. In order to save the show and the Quadrangle Club that it supports, the students raise some money and approach former student, and current Broadway producer, Chuck Daly, with a request to take over the reins. As his last season has been disastrous, Daly agrees and arrives at Winfield with his manager, William Williams. Biddle has his own ideas, however, and refuses to let Chuck take over. Chuck is about to leave when he hears Barbara Stewart sing at the dance that evening. He is immediately attracted to Babs, as she is known, and he decides to stay. The students work with Chuck, but Biddle will stop at nothing to get rid of him. When the students try to give Biddle the mumps, he retaliates by giving a special exam that all the students manage to pass with the help of Betty Bradley, the smartest student on campus. Eventually, Biddle convinces the college administration that the production should be a college affair and he remains in charge. Chuck leaves, but the students find out the truth about his financial state and they decide to take their show to Broadway. They take over a dark theater and even the police who arrive to evict them are won over by the show. Their success ensures Chuck's future as a producer.