TBH i see no use in the domain. But i guess it could make a good forum.
Hell yeah that's a good deal assuming you are going to develop it and make it into a successful site. That's a premium domain right there!
studentforums is a pretty nice domain, premium. If I had the money I would buy it.
if you think you could earn a lot, then buy it. I personally think that's an absurd amount of money to spend on a domain name ^.^- however, why not try a different extension? .com, .org?
WOAH, that's expensive in my opinion.. Why would he ask for so much?