This movie could have been good. It made some noises toward lampooning the higher education system in this country, a major sacred cow. It had Justin Long, the "Mac" kid in those Mac vs. PC commercials Apple puts out. It has Lewis Black, a gifted comedian. The premise: a bunch of kids who failed to get accepted at any college—and here, anyone who knows anything about college acceptance says: really?—decide to start their own fake college, the (heh) South Harmon Institute of Technology.
Unfortunately, the potentially-useful higher education critique turned out to be (as near as I could tell) recycled sixties do-your-own-thing-man codswallop. And, for a comedy, I didn't laugh too much.
Here's one possible explanation, from the IMDB trivia page:
Most of the movie was improvised, and a lot of the gags were pitched by the actors on the day of shooting.Yeah. Note to aspiring filmmakers: unless the actors in question are all named Robin Williams, don't do that.