Steven Karp is a young man going off to college for the first time, he wasn't very popular in high school so looks forward to wiping the slate clean and starting over in college. The day he gets to school, he is dispatched by his handsome roommate, Lloyd to go invite girls to the party they're having on their dorm floor that night.
Lizzie's boyfriend visits her at UNEC. Steven convinces her to break up with Eric, but feels guilty and helps Eric win her back. Meanwhile, Ron brings up a whole keg of beer and urges his suitemates to help him finish it.
Ron and Lloyd invest in a stock that rises then quickly drops. Steven, Lizzie and Rachel pay a druggie to do their papers, but he fails to deliver.
Marshall gets sick, and Rachel volunteers to take care of him. Lloyd tries to start a real relationship with a girl. Steven makes friends in the rec room.
Adam Sandler stops by the campus to perform, and the whole group goes to see him, including Steven's dad, Hal, who was invited by Lloyd. Sandler's assistant, Jonathan Loughran, ends up falling in love with Rachel and decides to stay on campus living in Rachel's room.
Eric discovers that Lizzie cheated on him with Steven, and heads to UNEC to get his revenge. Lloyd helps Steven prepare for a fistfight.
Frustrated with the way his roommates have been treating him, Steven joins the Theta Delta Zeta fraternity. Meanwhile, Lizzie joins TDZ's Little Sisters.
Steven is fed up with TDZ in more ways than one. He quits, but it is not without repercussions.
Lizzie admits to Steven that she has a boyfriend, but that does not stop him from pursuing her. The head RA Hillary has a crush on Lloyd, but Ron does not think it is a good idea for Lloyd to hook up with her. Marshall inspires a boring History teacher to revamp his teaching style, with cringe-worthy results.
Steven is forced to get a job in the cafeteria to help pay his tuition until Hal finds "the right job"
Marshall is reluctant to let his parents know that he isn't a business major. Ron gets propositioned by Lloyd's sister, Amanda. Rachel has to face the wrath of her control freak mother. Hal meets up with his estranged wife, Debra.
Ron has a crush on a campus tour guide, Kelly, and she ends up getting invited up to the guys dorm for a rousing game of "Truth or Dare". Lloyd and Marshall compete for Rachel's affection, and Ron tries to impress Kelly.
Steven is unsure of where he stands with Lizzie, and Lloyd's ideas are not helping him any. They spend their Saturday apart, but come to a revelation.
Steven plans the perfect date for Lizzie in order to show up Eric. Theo, Steven's friend from high school, shows up unexpectedly and ruins the day for Ron, Marshall and Lloyd.
On his way to see Steven, Hal meets and hooks up with the head RA Hillary. Ron and the gang see them getting it on, and Steven is bummed out. A jealous Lucien takes his anger out on Steven.
Eric heads to UNEC to try to win Lizzie back. The boys sit in and watch Girls Gone Wild, while the girls try to add highlights to make Lizzie's hair look pretty, but fail miserably.