I imagine the "pink" you're seeing is probably actually magenta. The three primary colors are red, blue, and green (for light). Red + blue = magenta, which suggests the green signal for the display is damaged somehow (those of you with color level controls can confirm this behavior by turning your green way down). This will most likely require the LCD screen to be replaced (not cheap, but not difficult or unheard of).
If you open a full-screen command prompt and the colors are still off hue, or if you take a magenta screen shot that shows up normally elsewhere, it is most certainly a physical problem with the display. Does the behavior also show up if you use an external display?