In the latest edition of "Charles In Charge," Charles is not in charge. In fact he is totally not in charge! it is a normal fact of collegiate life that boys who are studying important things for their future, often end up studying less important things for their future, namely girls! And sometimes when those studies take precedence over the other things they should be studying, they get into trouble. In other words, Charles has been goofing off, his grades have dropped, and poof, there goes his student loan. What to do? Well, there are the necessary confrontations with Mr. Willard, the loan officer at the bank, played hilariously by well-known political columnist Ben Stein, making his first TV appearance. First Mr. Willard turns down Charles, then he turns down Ellen Powell who's trying to help by taking a loan for Charles. Meanwhile Jamie is making a home movie of the Pilgrims' first Thanksgiving, for a class project, with Buddy as the director.