When I bought my first PC, in 1997, MS didn't offer student versions yet in Italy, so after wasting money on MS Works to be able to get MS Word at an almost reasonable price (upgrade version), suddenly Corel-WordPerfect started offering WP Suite 8 Academic and I bought that instead, saving almost 60% on Word Upgrade price.
Since then I never looked back, IBM-Lotus eventually started giving away previous versions of SmartSuite also cover-mounted on PC magazines, and IO had more office suites that I needed, then, when OpenOffice became good enough, I switched to it.
Unless you have to deal with too many legacy documents in proprietary MS formats, or you have a huge library of Office macrs for your work, MS Office isn't necessary anymore, and with OpenOffice, using really open standard formats, you are granted to be able to access your old documents forever.
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