The makers of student violins were not trying to fool anyone by putting Stradivarius labels in the instrument, it was understood to mean "made in the style of".Years ago as a teenager I bought a Strad at a flea market for $15 with case and bow, and immediately a guy offered me $20.00 for it, so maybe it was a real one (Not). Anyway, I sold it a year later to a friend for $16. She liked it and thought it sounded good.
I now play a Made in Japan fiddle from the 1920's that cost me $150. It has a very piercing, cutting sound that I like. It works well for Irish music and bluegrass. Some instruments are better for classical, some are better for folk styles. I advise anyone to to try a lot of fiddles to find one that fits your hand and whose sound is pleasing to you. The most expensive is not always best.