It probably sounded like a cash cow during the pitch meetingan Animal House for the politically hypersensitive '90s. And PCU starts out funny enough: A naive prospective student visits an issues-charged campus and meets fast-talking, charismatic slacker leader Droz (Piven). But Piven's high-IQ-Bluto shtick wears thin after the first half hour, and all that's left is the rank aftertaste of flat keg beer. Instead of satire, ''PCU'' peddles a hackneyed palette of feminists, vegetarians, and eco-whiners. C+


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