All of what we know about 'Monsters Inc. 2' (aka 'Monsters University') was that it was actually a prequel to 'Monsters Inc.' and we would see Sully and Mike back in college. But now - thanks to star Billy Crystal - we have some exact details on the 'Monsters Inc. 2' plot.

As it turns out, 'Monsters University' will hark back to some college movie classics. Perhaps even some R-rated ones. Says Crystal to Entertainment Weekly:

[Mike and Sully] end up in the same fraternity where they have this scare competition — like Greek Games in college. They have to mobilize a group, sort of like 'Revenge of the Nerds'-monsters, and get them ready to be scary.

Brilliant. (Also a clever wink from John Goodman, voice of Sully, who, if you'll remember, was the nerd-hating coach of the Alpha Betas in the original 'Revenge of the Nerds.')

Before you wonder whether we'll see any 'Animal House' type antics in the film (what's the monster equivalent of beer pong?), Crystal assures us that the monsters are still in their "awkward" phase and not exactly cool enough to be partying with the big boys.

'Monsters Inc. 2' is set for release on June 21, 2013.