Intial Visual Studio compilation failure

I have just started using Unreal Engine 4. To make sure everything was installed normally I tried to create a “Code Third Person” project. After all the needed files were created, Visual Studio starts up, and begins parsing included files. That’s the time when VS stops working:

It is not stopping parsing on any particular file, it just never finishes the initial compilation process. I tried to repair the VS installation, and checked env variables, everything was fine. I got VS through DreamSpark if that makes any difference. I have more than enough hard drive space, 8GB of RAM, Core i7-2670QM CPU.