What version of Premiere Elements do you have or are you thinking about purchasing the latest version of Premiere Elements, version 14?
What is the nature of your intended projects?
I have no problems with computer using Premiere Elements and Intel HD Graphics video card graphics card. If you have Premiere Elements 13 or 14, you could have option for Use Hardware Acceleration for rendering, playback, and export if your card is Intel HD Graphic 2000 and higher (Just Intel Graphics HD name will not do it).
I would consider at least 8 GB intalled RAM for your Windows 10 64 bit computer. How much free hard drive is involved?
What processor and clock speed is being offered?
Please consider and then we can talk about this some more.