Mickey, Froggy and Buckwheat devise a scheme to play hooky from school and go fishing. They misbehave in class in hopes that the teacher will expel them but instead are forced to stay after school. The next morning they decide to just play hooky and go fishing, but upon arriving at the river bank, the kids make the acquaintance of a friendly hobo (Edward Fielding), who advises them that they will never hook the "fish" of success unless they return to school. Duly chastened, the boys rush off to the schoolhouse just in time for the first bell.