That's a good bass for the price, how old is she? What scale is the one she's learning on at school?
As she's already learning at school it might be worth finding more about what instrument she's learning on there. That Squier has a single humbucker which will sound different to her ears (though not necessarily yours) if she's been learning on a split coil.
The way she plays would be the same but it may be a little too different.
The best advice is, if possible, take her to a guitar shop to have a play and see what she prefers.
Also, check out Harley Benton who make some really well received basses that aren't as pricey as your Fenders etc (I'm eyeing up one of their Rickenbacker clones)