Help me ID this cheesy movie from almost no clues!

Okay, there’s this movie that’s been floating around in my head for the last few years, and I cannot identify it. Here’s what I remember:

  1. It was the sort of low-budget, soft-core, Porky’s knock-off that was popular to many a teenager who stayed up past 1:30am and watched cable.

  2. It apparently had something to do with an all-girl’s school.

  3. It featured many topless women, and, IIRC, there was a scene set in a basement/dungeon sort of thing.

  4. I remember ONE line of dialogue: The scene was that a bunch of girls were sunbathing topless on a roof. The headmaster or whatever of the school caught them. The herione, being the sarcastic character that she was, asked him, “Do you want some band-aids for your nipples?” (Apparently sunbathing nude causes some sort of problem to the female nipple, so they were covering them with band-aids)
    Can anyone help?

Private School

maybe?

1983

I know it. I’ll help you if you you help me. :smiley: