Danny O'Neill and Hank Taylor are rival trumpeters with the Perennials, a college band, and both men are still attending college by failing their exams seven years in a row. In the midst of a performance, Danny spies Ellen Miller who ends up being made band manager. Both men compete for her affections while trying to get the other one fired.

After discovering his star dancer is expecting and can't perform, film producer H.W. Workman and his publicist concoct a scheme to stage a college dance contest to find a new star.