Chromebooks are basically the hardware equivalent of a SaaS product where the user is not the buyer. Schools are buying Chromebooks for students.
Is this a US thing where your school buys you a laptop?
It is a thing that is essentially an equivalent of an employer-provided work laptop, but for students and provided by their school.
In a way, Google's strategy of getting Chromebooks into schools may have backfired as they're largely seen as kids' computers.
I gave chromeos laptops to my family because they aren't trustworthy. Now they have reliable laptops and don't get virus infections or os problems.