ex-Instructure employee here (though it's been about 10 years since I worked for them).

That's just the quickest page/status update to throw up; it was a one-liner to push it live back when I was on the deploy rotation.

I'd hazard a guess they have more important things to worry about right now than exact status page messaging ;)

I thought the same. The "scheduled" part of the message is gone now, at least on the instance I use.

Well, scheduled by whom? :)