From I hear, this printer is highly recommended (and the right budget for a student):
One printer for impressive brochures, everyday projects and spreadsheets up to 13" x 19," the WorkForce 1100 has what it takes to make your business look its best. With maximum speeds of 30 ppm black and 17 ppm color, plus laser quality speeds of 13 ppm black and 5.5 ppm color, the WorkForce 1100 moves at your busy pace. And, prints are smudge, fade and water resistant, so you can print documents for immediate distribution. The WorkForce 1100 even offers convenient, two-sided printing, so you'll save 50% of your paper supply. And, with dual Black ink cartridges, you can print more and change cartridges less often. Engineered to be fast and efficient, this high performance printer brings quality without compromise to your business team.
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