| abstract | - Three friends, Oliver Quackenbush (Lou Costello), Molly McCarthy (Martha O'Driscoll), and her brother Slats (Bud Abbott) work for the Miramar Ballroom as taxi dancers. Slats plants a phony article in the local newspaper that declares Molly's ambition to raise money to attend Bixby College. The dean of Bixby (Donald Cook) reads the article and offers her a scholarship. She agrees, but only if her two friends can accompany her, so they are hired as caretakers. Meanwhile, Chairman Kirkland (Charles Dingle), whose daughter Diane (June Vincent) also attends Bixby, holds the mortgage on the college and he threatens to foreclose if the dean continues to ignore traditions and does not expel Molly. Slats and Oliver run into some problems of their own as they continue to fail at every task assigned to them by their supervisor, Mr. Johnson (Lon Chaney, Jr.). Slats and Oliver devise a plan to raise $20,000 to save the school by having Oliver wrestle the Masked Marvel. However, just before the match the Masked Marvel becomes ill and is replaced in the ring by Mr. Johnson. Despite this wrinkle, Oliver wins the match and Slats takes the $1,000 winnings and bets it on the Bixby basketball game, at 20-to-1 odds. Unfortunately the bookie is not pleased with the prospect of losing the bet, so he hires a professional team to play in place of Bixby's opponent. Oliver dresses in drag to join the Bixby team, and halfway in the game he receives a bump on the head and believes he is Daisy Dimple, "the world's greatest woman basketball player" as Oliver described her. The Bixby team starts to win again, but Oliver suffers another bump on the head and regains his memory, and ends up losing the game for Bixby, causing everybody (including Slats) to hate him for that. To make up for it, he steals the bookie's money and after a crosstown chase (in a sailboat on a trailer), they manage to arrive in time to pay the mortgage and save the school.
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