Little update, I cancelled that order because all reviews said the keyboard is actually terrible, and that's very important for a college laptop.
I ordered a Lenovo IdeaPad U310 instead.
13.3", basic res - 1366x768, 32GB SSD for boot plus 500GB HDD, USB 3 ports, i5 third generation 1.7Ghz, and it's good looking and, unlike other ultrabooks, can be opened and have some parts replaced (RAM, WiFi card , that slow HDD will also be replaced by a nice SSD.
Also has HD4000 graphics, much better than the UX31e's HD3000, and with the lower res I might be able to run some good old games.
Anyway, price is even better - 450 USD.