At Middleton College, controlled by rich donor Melton, only paying sports are allowed. But Freddie Frye, conniving student body president, has to get a letter in some sport to win back his girl Susie; he schemes to revive crew boat racing. Sinking boats, no money, and his own waistline stand in his way. Can they win the big race with State University?

"Take A Peek ! Don't stare to long . . . when you see them !"