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It has an i5, 6GB of RAM, 750GB HD, WiFi, and of course a DVD Burner. This was in all a $600 laptop. With a 2 year warranty and a slew of extras it ended up being shy of $1,000. This is a very good laptop. While it doesn't compare to my main computer that I am on now it is more than enough for any college student.
While replacing a laptop outright can quickly ring up a tab of several hundred dollars, individual components are often much more affordable. A battery replacement may run from $20 to $50. It can cost as little as $50 to upgrade a laptop's RAM. A 500GB 2.5-inch internal hard drive costs about $60, but a 480GB solid-state drive (SSD) upgrade kit may sell for $400 or more.