A decent quality "town bike" from the second half of the 80's
It won't be worth lots of money these days. As despite having nice Simplex forged dropouts on the frame, it most likely has basic straight gauge higher tensile seamed steel tubing, plus the plain/basic design of the frame is not as interesting as a mixte frameset.
Not a collectible, but will be great for using as a commuter workhorse or college campus bike.