Fatal Exam (1990)
This movie has everything: 45 year old college students who drive station wagons; community theater-level stilted dialogue; hideous late 80s fashion; doughy dudes with poodle hair and ersatz Tom of Finland mustaches; crummy special effects; a haunted house; everything! This could be a great companion piece to Ghost House! Please please please riff this bad boy!
This is playing on Tubi right now if anyone wants to check it out!