I have heard numerous parts on this on the Service Meeting. They have stories about where people incorporate Witless beliefs in school assignments, get that A on the project, and get several classmates to study, one or more of whom get baptized and is now a pioneer. This is just one more tool that the Tower is using to get people to join--using school projects as a commercial for an organization that is a total scam.
If I were a teacher or professor and saw this, I would make the student redo the project. All those references to the Craptower and Asleep magazines would not be enough. I would have them use as references some secular sources, especially now that the Internet is available and a Google search will unveil dozens of sources. The rule would be three independent sources: The Watchtower publications would only count as one source, no matter how many different publications were cited. And if the other two sources were totally out of line with the Tower, then the student would have to explain why the Tower is right and all the other sources are wrong (and likely flunk the project for being unable to).