Teacher & Student Editions of Adobe software

I bought Photoshop CS5 Extended, Student & Teacher Edition when I was in high school. Since graduation I have landed a job in web design where I manage the site and add products to it for sale. Is it legal for me to use my Student Edition at work thus using it for commercial use? I read the Terms of Use and could not find anything saying it is illegal.   The reason I'm asking this is because a friend of mine thinks it might be illegal. This would help a bunch as I don't want to put the business or me in jeopardy. Thanks!

Yes, you can use it for commercial use. From Adobe's Q&A page for student and teacher editons:
Is there a time limit on using an Adobe Student and Teacher Edition?
Eligible users who purchase an Adobe Student and Teacher Edition receive a perpetual license that does not have a time restriction.
Can I use my Adobe Student and Teacher Edition software for commercial use?
Yes. You may purchase a Student and Teacher Edition for personal as well as commercial use.
http://www.adobe.com/sea/special/education/students/studentteacheredition/faq.html

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