Savage Steve Holland is making quite the director's comeback this week. Popular in the 80s for directing such cult hits as Better Off Dead and One Crazy Summer, the long out of commission director already announced that he'd be working on a film titled The Big One 3. Now, according to Variety, he also plans on making National Lampoon's Ratko: The Dictator's Son.

Robert Mittenthal and Michael Rubiner's script revolves around a dictator's son who heads to America to attend college. One can only wonder if it will star Curtis "Booger" Armstrong, a popular character actor who appeared in all of Savage Steve's films.

National Lampoon's Ratko: The Dictator's Son does not have a start date.

UPDATE: Official press release from National Lampoon:

National Lampoon Inc. announced plans for its next in-house feature production, National Lampoon's Ratko: The Dictator's Son, and the signing of Savage Steve Holland (Better Off Dead, How I Got Into College) to direct the picture.

The announcement was made by National Lampoon chief executive officer Daniel Laikin.

"This is an exciting project for National Lampoon. It appeals to our core audience and follows in the footsteps of our college comedies of the past," stated Laikin. "It's films like this, and people like Savage Steve Holland, that we look for as we continue to build our feature library."

Ratko is a fish-out-of-water-story, the tale of a dictator's son who heads to America to attend college. National Lampoon's Ratko: The Dictator's Son was written by Robert Mittenthal (Cry Baby Lane) and Michael Rubiner (Rootboy) and is co-produced by InterMedia and produced in association with Cinetel Films. The film is produced by Barry Layne. InterMedia's Scott Kroopf (The Last Samurai, Runaway Bride) is executive producer. For Cinetel, Lisa Hanson is executive producer, Bill Berry is co-producer and Paul Hertzberg is producer.

National Lampoon's Ratko: The Dictator's Son follows National Lampoon's Bagboy, the first feature to be produced and financed in-house by National Lampoon in the company's 35 plus year history. Bagboy, directed by Mort Nathan, stars Dennis Farina, Brooke Shields, Richard Kind, Larry Miller, Paul Campbell, Marika Dominczyk, Robert Hoffman, Josh Dean, Wesley Jonathan, Nick Lashaway, Bruce Altman and Lisa Darr.

National Lampoon's Ratko: The Dictator's Son will receive theatrical distribution through National Lampoon Releasing and National Lampoon Home Entertainment is handling DVD and related platforms.