Dave (Devon Sawa), Sam (Jason Segel) and Jeff (Michael C. Maronna) are about to graduate from Holden University with Honors in lying, cheating and scheming. The three roommates have proudly scammed their way through the last four years of college and now, during final exams, these big-men-on-campus are about to be busted by the most unlikely dude in school.
Self-dubbed Cool Ethan (Jason Schwartzman), an ambitious nerd with a bad crush, enters their lives one day and everything begins to unravel. When Ethan accidentally catches Dave in an exam scam and gathers some incriminating evidence against him, Dave and his friends find themselves completely at his mercy. Threatening to expose the three Slackers Ethan offers a deal: he'll let the guys off the hook on one condition - that they use their unethical expertise to get him the object of his desire, the brainy babe Angela (James King).
Dave agrees to the plan, thinking this will be the easiest con they've pulled all semester. In no time they'll return to drinking beer, picking up girls and paying smarter students to take their tests for them. There are just two problems. First of all, Cool Ethan's experience with women is, to say the least, minimal. Secondly, and perhaps more problematically, when Dave meets the incredible Angela he starts to fall for her himself. Ethan soon discovers that despite Dave's help and his own pathetic attempts at seduction, Angela isn't interested in him - she's falling for Dave. Refusing to see the writing on the wall, Ethan sabotages their relationship, and in a final attempt to insinuate himself, provides Angela with `a shoulder to cry on.' To get revenge, Ethan also cancels the deal, announcing that Dave and his friends are going down, putting all of their futures at risk. But Cool Ethan just may have underestimated this trio. -- © 2001 Screen Gems