I'll go ahead an pop in on this.
A lot of the info here is correct. EPP is an excellent place to start when beginning in the humbling art of 3D
Almost anywhere you go you'll find a brand with an EPP foamy. There are a lot of really good choices out there, from the Twisted Crack series to Fancy Foams MX2, you almost can't go wrong. While there are many great planes out there, there are twice and many no gooders. Stay away from planes that look like somebody drew them on a napkin. Usually these planes are heavy, don't have good flight characteristics or just fall apart over time. Sticking with the brand the majority of the population recommends is usually a safe bet.
Now, if I might add one thing. Some of the planes out there are advanced foamies and can be a bit of a handful for a new pilot. For instance the Crack Yak 55. This is by far the best EPP plane I have ever flown, and I was extremely impressed with it, however, from my experience it was quite sensitive and if you didn't stay 1 step ahead of it, you were walking five steps over to pick it up
Not saying all Crack Yaks are this way, but it's what I personally have seen. Finding a good foamy can actually be little difficult depending on the style of flying you wish to achieve. Starter "3D Trainers" are a good first step in learning the basics of 3D with a forgiving airframe, but the skill range is small and they are outgrown easily, never the less, it's a good place to start.
The plane I would recomend is any of the Fancy Foam EPP Indoor or outdoor series airplanes. These planes are cheap and perform pretty darn well. They wont quite keep up with the crazy pace the Crack Yak puts up, but they are beginner friendly and will take you almost as far as you want to go. I'm not a "fan boy" of FF, but I have found the planes they have to be pretty nice. A good, powerful cheap setup for one of these would be as follows:
Fancy Foam EPP plane of choice (or any plane for that matter)
E-Flight DS60 servos for the tail DS75 for the ailerons
Turnigy 2730 Brushless Motor 1300kv (yes I know it's hobby king, but it's cheap and provides PLENTY of power on a 2S setup)
Turnigy nano-tech 300mah 2S 45~90C Lipo Pack ( I have found these to be VERy powerful and provide pretty decent flight times. I have almost 100 flights on one of these little packs and it still runs like new)
The receiver and radio are of course up to you, but usually try and get the smallest receiver available for your radio system.
This is purely what I would recommend for a beginner and for me it has done well so far. Hope the info is helpful
Thanks
Brian