Wealthy restaurateur Harvey Howard (Bing Crosby), a self-made man, widower, and owner of Harvey Howard Smokehouses, decides to go back to college at the age of 51 and earn a bachelor's degree. He faces opposition from his snobbish grown children, as well as a generation gap between himself and his much-younger fellow students. The first day in school he finds that just convincing older students, faculty, and administrators that he is serious is a humorous task. He enrolls and receives freshman rooming, and is up front about his determination to be "just another freshman". He's assigned a quad rooming arrangement, which sets precedent for the upcoming years. Dealing with the student press, the dorm adviser, and making that first toast with sauerkraut juice to seal their bond to complete their four years together.