Oliver Quackenbush (Lou Costello), Molly (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 is to attend Bixby College. The dean of Bixby (Donald Cook) reads the article and offers her a scholarship. She agrees, but only if Oliver and Slats can accompany her. 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 threatens to foreclose if the dean continues to ignore tradition and does not expel Molly. Slats and Oliver run into some problems of their own as they fail at every task assigned to them by their supervisor, Mr. Johnson (Lon Chaney, Jr.).
Slats devises a plan to raise $20,000 to save the school: Oliver will wrestle the Masked Marvel. However, just before the match the Masked Marvel becomes ill and is replaced by Mr. Johnson. Oliver still manages to win the match, and Slats takes the $1,000 winnings and bets it on Bixby in a basketball game at 20-to-1 odds. Unfortunately the bookie attempts to ensure the outcome by hiring a professional team to play in place of Bixby's opponent, Carleton. Oliver dresses in drag and joins the Bixby team. Halfway through the game he receives a bump on the head and is convinced he is Daisy Dimple, "the world's greatest woman basketball player." Bixby pulls into the lead, but Oliver suffers another bump on the head and returns to his usual persona, and ends up losing the game for Bixby. To make up for it, he steals the bookie's money and after a crosstown chase (in a sailboat on a trailer), the boys arrive in time to pay the mortgage and save the school.
It was filmed from October 24 through December 6, 1944.
North Hollywood Park was the filming location of Bixby college, while the school's main building was a Universal backlot "Shelby" home (Colonial Mansion 1927) that was also used in another Abbott and Costello film, The Time of Their Lives.
Lou Costello was a real-life basketball star in high school, and performed many of the trick shots himself, without special effects.
This film was re-released in 1950.
This film includes the "Oyster Stew" routine, where Costello attempts to eat a bowl of soup containing an oyster that spits at him whenever he tries to take a sip. The routine was originated by Billy Bevan. A variation using a frog instead of an oyster appears in another Abbott and Costello film, The Wistful Widow of Wagon Gap. This gag also appears in The Three Stooges' short subjects, Dutiful But Dumb (1941) and Shivering Sherlocks (1948).
Another routine, previously used in One Night in the Tropics, is "Jonah and the Whale". In this routine, Costello attempts to tell a joke that he claims to have written himself, but Abbott informs everyone of the punchline.
This film has been released twice on DVD. The first time, on The Best of Abbott and Costello Volume Two, on May 4, 2004, and again on October 28, 2008 as part of Abbott and Costello: The Complete Universal Pictures Collection.