Jack, a soon-to-be graduate, finds he's having a difficult time letting go of the college life -- and decides maybe he doesn't have to. Also questioning whether there's life after college are Jack's roommates: Rob, who fears domestication; comic-strip artist Mickey, who's shy around girls; intellectual party animal Slosh; and perpetual student Dennis.

In 1961, with war looming in Berlin, an Air National Guard unit of actors, journalists and studio personnel is up for military academy consideration.

When foreman Frank shows new employee Freddy a secret military experiment in a supply warehouse in Louisville, Kentucky, the two klutzes accidentally release a gas that reanimates corpses into flesh-eating zombies. As the epidemic spreads throughout the town, and the creatures satisfy their hunger in gory and outlandish ways, Frank and Freddy fight to survive with the help of their boss and a mysterious mortician.