Rule of thumb: Google will eventually shut down everything that isn't directly involved in printing ad money and gaining more control over the internet.
It’s part of the battlefield against Microsoft and they don’t want to give that up.
It’s sad that Google doesn’t spin some of these shutdowns off as separate companies.
Most schools pretty much require students to make a Google account. It's probably profitable by now due to kids in school who used it bringing it into the workplace, but compared to ads it is still a drop in the bucket in terms of revenue