My experience is that it's decent enough hardware, but you pay through the nose for it. On the other hand, their software is the worst bloatware I've ever seen, which basically installs a whole interdependent ecosystem of NI drivers and services on top of Windows, with many of the drivers, libraries, and services doing little more than duplicating the functionality that's already there.
On the other hand, it is pretty simple to get started. It's likely you could connect that device up to a computer, fire up LabView, drop in a few VI's and drag some wires, and have it plotting data and turning LEDs on and off in a few minutes, which in an education environment may be the way to go. In many ways, it's a lot like doing things in Excel - you can whip up something to solve a problem quickly and easy, but it may not be a good solution for building a complex application.