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semenko | 3 years ago

>they wouldn't be able to afford it.

Oberlin has an endowment valued at approximately $1 billion — this is ~3% of that. (Understanding all those funds may not be liquid, they certainly have some assets.)

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jcims|3 years ago

Their annual revenue is ~$180M. If any appreciable portion of their student body turns on them it's going to start to hurt very quickly. A sober assessment says that very few students would actually leave but there's a tail risk that it turns into something unsustainable.

ceejayoz|3 years ago

Courts don't tend to accept "it'd hurt" as a reason to not pay a judgement.