Gracie mistakenly believes that Ronnie is dating an older woman, and constructs one of her off-beat strategies to amend the situation.

Gracie thinks she can prevent Ronnie from quitting college by demonstrating to him that George has suffered financially by not having a college education. With the help of Harry Von Zell, she fabricates a sensational story that has the Mortons and Mrs. Sohmers in an uproar.