Without dating myself, I can assure you that college in the 1980s was not how it is depicted in this movie. In fact, this movie seemed to have part-American Pie, part-Porky's with two teaspoons of gay for good measure. I think overall how it told the story was done well although at times I thought some of the dialogue may have been a little bit strained -- through no fault of the actors.
In fact, I enjoyed the fact that Dylan Vox was cast as the Southern straight womanizer who doesn't mind a little help from his best friend now and then. I've only seen Vox in a few roles and they were all so supergay, so it was nice to see him in a straight, dabbling with gay, but actually straight Southern role. Very funny. Although, if I were the director, I would have kept the shirts on for the "buddies jerking off together while watching straight porn" scenes.
This can be a good date movie although be alerted that it has indirect sex scenes throughout of the American Pie/Porky's variety.