Could it be-

CARLENE
Phil Vassar

I was lousy at math, failed historian
Carlene was the valedictorian
I was the quarterback in the back of classes
She was the whiz kid in horned rim glasses.

It's been a long time since I've been around
Since I stepped foot on my old stomping ground
I ended up by the old school yard
When this red head pulled up in a blue sports car
She said "I bet you don't remember, I guess it's been forever."
It took a second to put it all together and I said:

Ooh la la la la la
Looking good Carlene
Woh my my my my my
Times been good to you
If you know what I mean
Girl you glitter like Hollywood
Good god Carlene
You sure looking good.

She said hop in let's go for a spin
Tell me whatcha been doing boy and where you been
I said I write songs, you probably didn't know,
But I finally got a couple out on country radio
She said," What a switch, ain't life funny, I've got a Ph.D,
Now I'm modeling for money."
Imagine little Miss 4.0 just smiling for the camera on the cover of Vogue
I said you've come a long way since graduation
Let me say without hesitation
You've surpassed everyone's expectations

Ooh la la la la la -etc.

I said I hope to see you again someday
She said another ten years is too long to wait
Pick me up at my Momma's at eight!

And I said,

Ooh la la la la la
Looking good Carlene
Woh my my my my my
Times been good to you
If you know what I mean
(repeat this chorus three times)

from Cowboy Lyrics.com:
Carlene