Forget about plot! This is one example of the 1930s Paramount "Big Broadcast" and "college" series, all of which are entertaining during individual scenes. Eugenics was a popular topic of discussion during this era: one which later became discredited in large part because of "breeding" experiments in Nazi Germany. On a much less serious note, in this film we have a wacky "professor" and an even wackier wealthy patron (Mary Boland in great form) who bring a trainload of "Paramount Co-Eds" and college studs to be matched up, so as to produce perfect physical specimens, all the time dressed in pseudo-classic Greek togas and "sarongs". The prof's exemplar daughter is Martha Raye. Burns and Allen do a couple of comic bits totally unrelated to the "plot". Maltin calls all this silly. Who can deny it? If you stop looking for anything to think about and relax, you'll have an intermittent good time, and if you doze off it won't make much difference (Dorothy Lamour and Marjorie Reynolds appear briefly as co-eds, but viewers probably won't spot them.)
Review of College Holiday
