Man, college children with $20,000+ worth of kit on their desks. Insane.
I can't decide if I am envious of kids that get stuff handed to them (I am into my 8th year of uni and have never had so much as a fee waiver until I started my doctorate last year) or saddened by the seeming vanity of how all the camera gear is displayed. For a young man, you'll have an uphill climb to rope in that ego.
It's probably envy, don't worry about it.
My setup:
2003 G4 867 12" Powerbook that works just fine: £1200 2.5 years ago
External Apple USB keyboard and mouse: £35 used on eBay
White table: £19 from ikea
Kitchen Chair: free
3.99/4.0 GPA: Priceless