Not to Amazon it's not, but you won't see that in their propoganda. Even Random State Community College is likely a better education (this is not meant as a backhanded compliment to community colleges, which are at least honest and respectable about what they provide and don't).
I believe you misinterpreted. State community colleges are likely better than any sort of "training programs" Amazon provides in terms of education. If those "training programs" happen to include a waiver at a full state university, then of course not, but the program waivers aren't entirely composed of 4 year universities and many seem to be Amazon tailored programs, based on the article.
I misinterpreted you as saying that Amazon was using a real college as a training program.
If Amazon will pay for "education", and the options are a four year degree or an Amazon training program, I'll take the degree and ignore their training.