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I got the same diagnostic set, except I had to buy mine.
Oh believe me, I had to buy mine too, $42K in tuition includes an "equipment fee".
The only advantage is that the fee was $700.00 which I know is less than even the Panoptic scope on it's own. We must get some sort of huge group discount or something.
The class above me even got the Littmann Electronic stethoscopes. The school wanted to experiment with some of the features like recording of heart-sounds, etc. in an educational setting. I guess they decided the cost vs. return didn't exactly add up so my class was back to standard stethoscopes.
Either way, it's not free, but it's also not a bad way to get some of the standard equipment that a doc often needs to own anyway.