Not that I agree with their use in education, but "a lot more versatile"? I can't think of anything that a chromebook can do that the iPad can't but I can vice versa. The only advantage I see to a chromebook is a built-in keyboard (and price)
A built-in keyboard is huge for the classroom. Chromebooks in classrooms end up being used largely for written work (typing long essays, creating presentations, etc.) that an iPad is less amenable to than a laptop.
Another thing to break or to lose, and to charge, and it adds to the cost. A $200 chromebook blows away a $600 ipad+keyboard combo for majority of education purposes. Google also has much better deployment & operations for devices & apps.
Source: I know lots of people who deploy and manage these in schools.