This deal has ended.
eBags has the JanSport Super Student Backpack on sale for only $29.99. Enter coupon code MC003 to get 20% off (expires 5/31) and lower the price to $23.99. The backpack features three large compartments, padded laptop sleeve, front utility pocket, and comes with a lifetime warranty. It's available in four different colors. There is no sales tax (except CO). SportsAuthority has this for $50.