Geeky college students Gilbert (Anthony Edwards) and Lewis (Robert Carradine) are evicted from their dormitory when the Alpha Betas — who recently burned down their own fraternity house by accident — confiscate the building. When the college forces the freshmen to live in the gym, Gilbert, Lewis and their fellow dorks relocate to a run-down house. When the Alpha Betas, led by jock Stan (Ted McGinley), repeatedly humiliate them, the nerds plot revenge.