Is this a good PC set up?(for gaming and school)?

AMD systems are okay, but I have seen a lot of failed AMD CPUs lately. May I suggest buying something from a qualified system builder like Yeti Works gaming computers? They make great systems and have superior build quality. Also you may find their systems are less expensive than Digital Storm and some other similar sites. I own 2 of their systems and can say I love them for both gaming and daily use.