Nietzsche's mind wanders so far away from what a European would consider normal or "sane" that sometimes his ideas are so radical in nature they might seem funny at first, but there's nothing funny about On the Advantage. Nietzsche's idea to remove the practice of history entirely from a child's education comes with the argument that human memory is essentially biased and self-serving, which would create a perpetual state of nationalizing histories.
In America, although US History is taken very seriously as a social art, there have been serious issues exactly like Nietzsche describes. Zinn's "A People's History," and Loewen's "Lies My Teacher Told Me" are quite revolutionary in their coverage of this problem, but Nietzsche is not like Zinn or Loewen. Those two men are historians still, and Nietzsche is not just questioning the value of nationalized history, he's questioning the authority of the past and the authority of precedent.
Since Nietzsche's world is so unstable (It doesn't even have religion to help fill in the gaps) he doesn't see the value of history, because after all, the future is absolute chaos compared to the present. In Nietzsche's estimation, maths and sciences are the stuff of true education, since they help determine the future. The past, says Nietzsche, should stay buried and dead.
In a weird way, although the literal argument is absurd, this text functions as a prophecy being fulfilled in modern times. These days, fewer and fewer people are historically literate, and history and philosophy just do not have the same financial support as engineering or the sciences. Perhaps this is happening for the exact reasons Nietzsche predicted.