No! The frame is generally junk as the rest of the bike. An entry level shop bike is going to be of higher quality. Maybe the bottom end shop bike but even those are generally barring some lesser known brands are decent-ish because in a lot of cases they will use that frame on their more entry level stuff.

The frame on the bike is rideable but let's not compare it to quality simply because they have to put quality in their logo. They may not fall apart but they are at least heavier if nothing else but the quality is usually not up to par with entry level stuff though I guess I have seen a few bottom end bikes that do match up a little tiny bit with Schwinn but in the end at least with that bottom end bike from say Trek or Specialized I get a lifetime frame warranty on it.