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AT&T HTC First
It is debatable whether or not the official Facebook phone, the HTC First is a desirable product or not, but at just 99 cents (with contract) it is tough to beat this device on AT&T. The HTC First is a solid Android smartphone and with a focus on the Facebook experience students and parents may appreciate the functionality.
You can always turn off the Facebook parts and end up with a near pure Google experience. The HTC First has a dual core 1.4 GHz processor, 16GB storage, 1GB RAM, 5 megapixel camera, and attractive, well-designed form factor.