Molly, her brother, Slats, and his pal, Oliver, are taxi dancers at the Miramar Ballroom. As a publicity stunt, Slats plants an article about Molly claiming her ambition is to earn enough money to attend staid, all-girl Bixby College. Bixby's progressive dean offers Molly a scholarship. Molly accepts on the condition that Slats and Oliver come along too as campus caretakers. But the pompous Chairman threatens to foreclose on the school's mortgage if Molly isn't expelled. Together, the trio, with the help of some new friends, concocts a scheme to raise enough money to save the school. The plan involves a bet on the Bixby basketball team, which is playing in a game rated at 20 to 1 by the local bookie. But the bookie has other plans for their dough and hires a group of ringers to step in for the opponents. All is not lost, at least while Oliver has the chance to turn things around for his friends-one way or another.
Bud Abbott
Lou Costello
Martha O'Driscoll
Peggy Ryan
Lon Chaney Jr.
Donald Cook
Charles Dingle
June Vincent
Evelyn Kaye Klein
Joe Kirk
Richard Lane
Don Costello
Bill Stern
Phil Spitalny
Jane Allen
Milt Bronson
Jean Carlin
June Cuendet
Eddie Dunn
Margaret Eversole
Dorothy Ford
Martha Garotto
Maxine Gates
Dorothy Granger
Jayne Hazard
Marilyn Hoeck
Kenner G. Kemp
Donald Kerr
Carl Knowles
Marie Osborne
Lorna Peterson
Rebel Randall
Gene Roth
Charles Sherlock
Sammy Stein
Muriel Stetson
Naomi Stout
Anthony Warde
Pierre Watkin