Though high in national ranking, Kershaw University is a dysfunctional institution. Its geriatric president is afflicted by dementia. The faculty is embroiled in bitter vendettas. The students, when not partying or sleeping late, are in rebellion. And, under an Army contract in a secret lab on campus, Kershaw's star scientist is developing an anti-sleep drug to keep troops permanently awake. Hot on the trail, a dropout scientist working for an investment firm schemes to buy up the secret formula, with time out only for his hyper-busy love life.