One question is whether you will trust your life to it. Since you have answered that, the second question is whether one day you will want to start taking any training courses. A basic light training course at your local range is not going to really cause any issues with an "economy" rifle. If you foresee yourself taking more intensive training from a training group like Magpul, Haley Strategic, Larry Vickers, etc, you really do need to look at a higher quality rifle.
If that is not the case, and you are simply looking for just a hobby range plinker, then a PSA setup is likely going to be just fine. I would personally take a S&W M&P15 Sport for that general price range, but you can take whatever option you want.