Don't forget the German band, Accept. The had this cool song called "Balls to the Wall". It rocked. Oh, and Tygers of PanTang
I graduated in 1987. I dressed then like I do now, and have since middle school:
1) T-shirt with a pocket, t-shirt with a radio station logo (still have a WMET t-shirt somewhere), a black concert shirt (usually Rush, Scorpions, or Ozzy), or a t-shirt with some sort of logo which I got for free, like the local record/bong shop (In-Sound Stereo).
2) Blue jeans, which I never cut, they got frayed on their own (anyone who cut their jeans was a poser.)
3) Tennis shoes. I never did the black suede shoe thing.
4) Optional: flannel shirt or jean jacket. Flannel was always black/white or red/black buffalo plaid, and often tied around the waist.
Later, in the early nineties, this "look" became to be called "grunge". Back in the day, we just called it "slob".
Things I did not where, which others did:
1) Purple izod polo shirts.
2) Parachute pants.
3) shirts with kanji on them (no offense to my japanese pals!!)
4) "top siders" or "ducks" (I had real rubber bottom/leather upper boots for duck hunting, not some low-cut preppy crap from the mall for fashion)
5) I did not where knitted ties, nor thin ties, nor leather ties.
6) I never wore a sports jacket with a t-shirt underneath, with or without the sleeves rolled up.
7) I never wore "designer" jeans: Vanderbilt, guess, etc.
8) Oh, and penney loafers were big for a while with the same crowd who wore all the crap in this list. Posers. All of them.
Well that should give you a start for fashion (or lack of, in my case).