Eb's latest career choice is that of a barber. He talks Oliver into paying his tuition to MIT, a mail-order barber college. Eb's sent a dummy head and hair to practice on and receives his grades by mailing the trimmed toupees back to the school. Lisa is excited about Eb's education while Oliver is irratated by all the hidden costs he keeps being asked to pay.

The man who saved the life of Lisa's uncle moves in on the Douglases seeking repayment for his good deed. Lisa feels an obligation to help Lazlo, but Oliver is simply irritated by his constant money-grubbing. Oliver's also unfazed by Lazlo's threats to cast a Hungarian curse on him.