No, The legal and regulatory requirements for students are not different from those of regular members of the healthcare fore. It is same for everyone.
The HIPA that stands for "The Healthcare Insurance Portability and Accountability" have made a unified rule for everyone that ensures to maintain the privacy and security of the patient's details and is not accessible to anyone except family members and close relatives. If any person or a hospital goes against this law, a complaint can be filed for the same.
Yes, laughing gas can kill if used for recreational purposes without properly safety in place. All of the things listed in question can happen along with hypoxia (low O2 levels) if person does not breathe in O2 in regular intervals.