It's the 1980s, and four freshman have just arrived on campus, ready to take on college life. Boy-next-door Joel, wannabe ladies man Eli, button-downed conservative Jason and handsome jock Brian soon find themselves drawn to the Omega Sig house, where their guide Mike Reno is ready to show them what fraternity life is all about.

The pledges are sent on a quest to wrangle a very specific birthday present for Stankowsky. But their adventure is going to be about far more than just finding the gift. Meanwhile, Reno tries to get closer to Professor Larsen and Joel tries to smooth the awkward chemistry he has with Christie, as well as with Professor Haines.