That may very well be the case but I wouldnt be so sure. Many think they lose access even with owned licenses. I know I did at one point and have seen quite a few of these questions at .com...people thinking they can no longer post in the forums n stuff.
If he in fact manages to purchase an owned license or owns one now it's actually cheaper. Why? Because you can get at least $100 for it when you are done with it.

160 - 100 = 60 for a lifetime