That's pretty easy.
It's National Lampoon's Dorm Daze 2: College @ Sea. It's about a bunch of mid 20's/early 30's actors pretending to be college students out on a semester at sea. It has fat Topenga from Boy Meets World in it, as well as that skanky Vida Guerra chick with the fat ass- the one who's been on all sorts of FHM and Maxim covers, as well as in lots of rap videos. PD knows who I'm talking about. It's easily more terrible than you might think. I netflixed it a couple of years ago because I met
one of the chicks in it at our retail convention in Vegas and she was kind of hot... I rented it hoping to see her boobies, because I am a shallow, shallow man-creature governed by my reptile brain, and that's just how we are. Of course, I sit through 90 minutes or so of the worst "comedy" EVAR and not only does the one kind of hot chick NOT get nude, but NONE of the chicks get nekkid. NONE.
Still, it was easily twice as good as Transformers.