Even a $100us laser will print text as well as, or better, than most any inkjet. Lasers print faster than inkjets. Cost of toner per page is far less than ink. Most lasers print quite well on economy paper and inkjets do not. Lasers can print very long text documents readily, while the printheads on inkjets sometimes overheat doing the same thing. Lasers will outlast inkjets, usually by a large margin. Most inexpensive lasers ship with a "starter cartridge" that will be be good for 2-3k pages of text. Replacement cartridges will last much longer. If you print very long documents or use greyscale images it might benefit you to add a stick of memory to the printer (assuming it is upgradable). There are only benefits using a laser for text printing and no drawbacks. The most basic lasers can be found for about $100us, and go up in price from there as you add features and capabilities such as: higher speed, higher print resolution, network ready, more ram installed (even hard drives in some high end models), multiple paper trays, duty cycle in the 10s of thousands per month, color, etc..