$1k laptop for school & gaming, problem?

I recently sold my gaming desktop (probably a bad idea, but what's done is done!) For a more portable option (college and travel). I want a laptop that I can do some mid level gaming on thats under $1,000. I have been looking at the lenovo y50 but its a tad over my price range and I don't know if i can justify paying $1,100 on a laptop that may rapidly depreciate in value. Is it worth it? Are gaming laptops in genaral a bad idea? Am I better off with a $300 laptop and (forgive me for my sins but…) A console? I'm just torn on what I should do. Afterthought: $1,000 is a lot of money as i'm only 18. So take that into account as well)

There are some good laptops you can get under $1000 like ASUS K55N-DS81 that has been equipped with ATI HD 7640G, alternatively, you can try Acer Aspire V5-572G-6679.

Asus the best one. Read the full news about asus here
http://www.sellalaptop.com/sell-a-laptop-for-cash-blog/acer-laptop-the-past-present-and-the-future