Acer Aspire One D255E Not booting

Upon initial boot, i am presented with two options: Start windows normally, which shows a split second of a blue screen then returns to the previous screen, or Launch Startup Repair, which brings me to a page that is stuck at "Windows is loading files." It doesnt do anything after that. I tried safe mode, Safe mode, i also tried Factory reset by hitting alt+f10 and that brings me to a blank black screen with a white dash in the upper left corner, and also does nothing after that. Nothing i have tried works. It either freezes or brings me back to the previous screen. I heard from a few friends it could be the BIOS or hard drive?

Well; have you tried doing a startup repair using the window disc? If not i would try doing that first and see what happens. As far as the hard drive goes; can you hear any unusual sounds coming from the hard drive like clicking etc? cause that could indicate that the drive is about to go south.