Hi, I like the storyline but a few thoughts on the lyric:
Why are the two characters having a dialogue, e.g "tell me" and "I often think of you, do you do the same", there is no mention of them reminising?
"I often think of you, do you do the same?" appears to be a forced ryhme because yes he thinks of himself all the time, would be better if the line was changed to
"I often think of you, do you ever think of me' although this would change the flow.
The guy is a bad boy who breaks all the rules but is too shy to speak to you, those two personality traits appear to clash for me.
"I was looking for love that was overdue". To me this is a forced ryhme, why would love be overdue for a school girl?
The chorus appears to be a bridge to me so would make the "looking back all I can ask is why?" verse the chorus and make the chorus the bridge
good luck with it.