Hence the punitive damages. It doesn't go nearly far enough. Even if Oberlin College had to pay the $36 million (spoiler: it does not and this will never effect

Hence the punitive damages. It doesn't go nearly far enough. Even if Oberlin College had to pay the $36 million (spoiler: it does not and this will never effect it financially) it would barely notice it. To truly deter this kind of behavior, at least 40% of their endowment should be taken as punitive damages. They should be put in a bad enough situation financially that they need a bailout.