I'm a SO4 Pro user right now. Yes, there is a lot offered in the new upgrade, and I truly appreciate it! Notion is really intriguing to me, as is having all of PreSonus' plugins. This can be said for anybody really, but $180 a year is still a lot for students, which adds up quickly over multiple years, especially for college students and others. Beyond that, not all educational institutions are willing to invest money into music programs, so school licenses won't work for all. If you offer student discounts on S1, then why not on everything else? Having a smaller price point for students could be a huge selling point.
Thanks.