Gwen's family is rich, but her parents ignore her and most of the servants push her around, so she is lonely and unhappy. Her father is concerned only with making money, and her mother cares only about her social position. But one day a servant's irresponsibility creates a crisis that causes everyone to rethink what is important to them.
Hugh Carver is an athletic star and a freshman at Prescott College. He falls in love with Cynthia Day, a popular girl who loves to party, and finds that it's impossible to please her and still keep up with his studies and athletic training. Soon the two face some difficult decisions.
The Tramp is an escaped convict who is mistaken as a pastor in a small town church.
The wealthy and impulsive Rollo Treadway decides to propose to his beautiful socialite neighbor, Betsy O'Brien. Although Betsy turns Rollo down, he still opts to go on the cruise that he intended as their honeymoon. When circumstances find both Rollo and Betsy on the wrong ship, they end up having adventures on the high seas.