Maybe the one that you shared is for the adults that doesn't have any knowledge about Bitcoin and they're taking advantage of these newbies by giving some useless signals (like you said). I believe this is a different scenario because they're focusing mainly on students. While they're still a chance that this might turn out to be the one that you shared, I believe the chances are highly unlikely.

As for Bitcoin being a high-risk investment, I believe it's also been thought here as well. At the end of the day, it will depend on these students on what they will do next after learning Bitcoin and its basics. It's up to them if they will continue learning, or they will just ignore it for some reasons. As for Bitcoin and gambling, I hope this initiative will not be an opening for these students to know more about online gambling casinos or else, their lives might get ruined.

Nothing bad to say about the initiative because that at least increase the number of people that's aware of the existence of Bitcoin.
I hope that their mission to spread the word about Bitcoin will remain intact and they will not teach anything that could ruin them. I hope they teach all of the important information that they need as well.