Well, if someone works in an environment where Office is the standard, then this is a big help. There was a time not so long ago that even having an apple product was complicated due to cross platform compatibility and domination by windows pc's.
Roger that. I opened a file in PowerPoint and it, unlike many other programs, didn't mangle some parts. Slide show has a laser pointer mode that would be useful when presenting. If it does animations and video it could replace running PP on a Mac. Even if I don't subscribe, being able to accurately reproduce Office documents is a big plus.
As for the price, MS has a $69 version as well for people who only will us it on one set of devices.
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Not unless you have your university's email and password login for their office 365 account
Which I HIGHLY doubt they make available to it's students
Actually it appears MS has redone licensing terms to allow that; or actually can use school accounts to get it for free.