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It should be noted that there is a learning curve with TeX. It took me a whole day on a weekend to learn it to the point where I knew enough to typeset all my documents with it. On the first few documents I wrote, I essentially broke even compared to Word, because I had to spend time looking things up. After that, I was much faster using LaTeX than using Word. I'd invested maybe 20 hours learning it, but I easily made that up within just a semester's worth of lab reports. After the initial time investment is recouped, the time savings is just gravy --- its time you can spend making the content better, or even finishing earlier and going to sleep at a reasonable time for a change!