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No, it does not expire after you finish being a student. You have bought a perpetual license at a discounted price, which means the product is yours to keep - even if you use it for commercial purposes. The only restrictions I am aware of are you can't resell it, and there is no upgrade discount if you wish to purchase the student edition of any future new version (however you will be eligible to upgrade to the standard edition).
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No, it does not expire after you finish being a student. You have bought a perpetual license at a discounted price, which means the product is yours to keep - even if you use it for commercial purposes. The only restrictions I am aware of are you can't resell it, and there is no upgrade discount if you wish to purchase the student edition of any future new version (however you will be eligible to upgrade to the standard edition).