Splatter University (1984)

How bad is it? Great title, but poor film.
Should you see it? If you're into regional 80's slashers, maybe.

This was a regional film (New York City) with a largely amateur (and quite unattractive) cast. Three years after a psycho escapes an asylum, women are getting knifed at a school. The students wear the same clothes to school every day, one person shows bloodstains before they're attacked, people nonchalantly go back to sex and beer after someone close to them dies and a dead body moves, but some of the laughs are intentional - there's a priest who has porn mags and peeps through windows, which provide some amusement. The killer is supposed to be a surprise, but is obvious to anyone who watches a lot of these kinds of film. There's no nudity, surprisingly, and the soundtrack appears to be one song by a group into The Cars.